With effect from 24 March 2014
VHCL Industries has announced that the Board of Directors at its meeting held on 24 March 2014, inter-alia transacted the following -Reviewed the progress of new projects under the metal division as well as the performance of the polymer division for the current year and fixed targets for the FY 2014-15.
It noted that the commissioning progress of the first phase of its new aluminium alloy plant with a capacity of 36,000 MTPA was as per schedule and would commence pre-trail activities within March 2014. This will be followed by trail runs and the commercial production will commence in a couple of months.
This plant will generate additional revenue to the Company to the tune of Rs 450 crore when fully operational.
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