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Board of Skipper gives in-principal approval for capex of Rs 70 crore

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Capital Market

For setting up units for Engineering products and Polymer Moulded Products

Skipper announced that the Board of Directors has in-principal approved setting up of a new unit for Engineering products and Polymer Moulded Products at Guwahati, Assam, with an approx investment of Rs. 70 crore.

This will be the Company 4th unit for Engineering Product and 6th unit for polymer products. The installed capacity for the proposed unit will be 30,000 tonne for Engineering Product and 7000 tonne for Polymer products.

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First Published: Aug 08 2016 | 6:57 PM IST

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