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Himachal Futuristic Communications Ltd. - Enhancing Additional Manufacturing Capacity Of Optical Fibre Cable (OFC) At Hyderabad From 7 Million Fibre Kilometer (FKM) To 10.5 Million FKM

| Updated on January 07, 2019 Published on January 07, 2019

Approved the proposal of enhancing additional manufacturing capacity of Optical Fibre Cable (OFC) at Hyderabad from 7 million Fibre Kilometer (FKM) to 10.5 million FKM where the Company is already setting up Optical Fibre (OF) and OFC manufacturing facilities.
We disclose hereunder the following information related to proposed enhanced additional capacities of OFC manufacturing:
a.Existing capacity : 8 million FKM approx.
b.Exiting capacity utilization : 96%
c.Work in progress : 7 million FKM
d.Proposed capacity enhancement in addition to (c) above: 3.5 million FKM
e.Post capacity addition: 18.5 million FKM
f.Period within which the proposed Capacity is to be added: By June, 2019
g.Additional Investment required
for enhancement of capacity: Rs.35 Crores
h.Mode of financing:Internal accruals/Term Loans
i.Rationale: Increase in demand of Optical Fibre Cable in India as well as world Market.

Pdf Link: Himachal Futuristic Communications Ltd. - Enhancing Additional Manufacturing Capacity Of Optical Fibre Cable (OFC) At Hyderabad From 7 Million Fibre Kilometer (FKM) To 10.5 Million FKM

Source : BSE - www.bseindia.com

Published on January 07, 2019
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