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.

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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

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