Business updates8 Oct 2026 · Wed
POLYPLEXPolyplex Corporation
Polyplex to add 12,000 tonnes of Thailand capacity for $15.2 million
Polyplex Corporation said its Thai subsidiary will add 12,000 tonnes a year of capacity at an estimated cost of $15.2 million, targeted for commissioning by the fourth quarter of FY2027-28.
Price, Wednesday's close₹1,023.30▼ 1.06%
Last 5 days
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- Sector
- Packaging
What happened
- Polyplex Corporation told the exchanges that subsidiary Polyplex (Thailand) will add 12,000 tonnes a year of production capacity.
- The estimated capital expenditure is $15.2 million, and commissioning is targeted for the fourth quarter of FY2027-28.
- The filing gives the figure as ₹147 crore, which it equates to the $15.2 million, funded from internal accruals.
- Sahi reported that a second-hand line within the project accounts for $2.91 million of the spend.
- The shares closed at ₹1,023.30 on Wednesday, down 1.06%.
Why it matters
Good to know: Internal accruals means the company intends to pay for this out of profits it has already retained, rather than by raising fresh debt or equity.
Key facts
- Capacity added
- 12,000 tonnes a year
- Estimated cost
- $15.2 million
- Target commissioning
- Q4 FY2027-28
- Funding
- Internal accruals
Read the source
This is a summary of public news about Polyplex Corporation, for information only. It is not a recommendation to buy, sell or hold POLYPLEX.