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Chennai, Oct. 17

Tayo Rolls Ltd has informed the BSE that it is expanding its cast roll capacity from 13,500 tonnes a year to 15,000 tonnes. The total roll making capacity of the company after the expansion, including forged rolls, would be 18,000 tonnes a year. This would enable the company to cater to the increasing demand of rolls in India and overseas, including Corus, now part of Tata Steel, the parent company of Tayo. Shares of the company closed at Rs 267.75, down 0.07 per cent, on the BSE on Wednesday.

- Our Bureau

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