At meeting held on 10 August 2015
Finolex Cables announced that the Board of Directors of the Company at its meeting held on 10 August 2015, inter alia, has considered & approved the following:1. Company's plans to enter into the Fan business by setting up a new facility during the year with a capacity to manufacture about 2,00,000 fans per month.
2. to make additional investment in production facilities at Urse to expand its cable range.
Both the above investments would primarily be from internal accruals and would require an investment of about Rs. 125 crore.
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