Board approves approx. INR 200 Crores expansion plan for specialty filament and fibre
Indo Rama Synthetics (India) Ltd's Board met on 16th October 2026 and approved an expansion plan of approx. INR 200 Crores.
By ScoutQuest · · 1 min read
- Expansion Plan Size
- approx. INR 200 Crores
- Estimated Commercial Operation Date
- next 12-18 months
- Funding Route
- term loan with a mix of internal accrual
What the Board approved
Under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indo Rama Synthetics (India) Ltd informed the exchanges that its Board of Directors, in a meeting held on 16th October 2026, considered and approved an expansion plan of approximately INR 200 Crores.
Who the plan covers
- The expansion is in the Company and in its Wholly Owned Material Subsidiary, Indorama Ventures Yarns Private Limited (IVYPL).
- The update describes IVYPL as a Wholly Owned Material Subsidiary.
What the money is for
- Capex for specialty filament and specialty Fibre production.
- The site is the Butibori Plant, Nagpur, Maharashtra.
Timeline
- The estimated commercial operation date is in the next 12-18 months.
How it is funded
- The projects would be financed by taking a term loan for the same, with a mix of internal accrual.
Points a reader can note from the update
- The Board action described is that it "considered and approved" the expansion plan.
- The size of the plan is stated as approximately INR 200 Crores.
- The funding route stated is a term loan combined with a mix of internal accrual.
- The plan is at the approval stage, with the estimated commercial operation date placed in the next 12-18 months.
Also from Indo Rama Synthetics (India)
Indo Rama Synthetics Q2 FY27: PAT up 201.8% to Rs 74.1 Cr on 10.0% total income growth; ~Rs 200 Cr specialty expansion planned
23 Oct 2026
Indo Rama Synthetics encloses Q2 & H1 FY27 investor presentation on 30 September 2026 results
23 Oct 2026
Indo Rama Synthetics schedules Q2 FY27 earnings conference call for October 26, 2026 at 4:00 PM IST
21 Oct 2026
More numbers
- Approved expansion plan outlayINR 200 Crores
- Estimated commercial operation timeline12-18 months
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