Greenlam Industries has informed the exchanges that the expansion of the manufacturing capacity of laminates at Nalagarh, Himachal Pradesh, has become operational. The unit will manufacture an additional two million laminate sheets per annum. With this, the installed capacity for laminates has increased to 12.02 million laminate sheets per annum. On full capacity utilisation, the expansion could potentially generate revenue of the order of ₹120 crore per annum, the company said in the notification. The stock of Greenlam Industries edged down 0.98 per cent at ₹396.05 on the NSE.
Published on September 23, 2015
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