Interarch Building Solutions Limited has announced the establishment of a new manufacturing unit for pre-engineered steel buildings in Village Matar, Kheda, Gujarat. This expansion aims to increase the company's production capacity to meet growing demand.
The company is setting up the manufacturing unit in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
| Particulars | Details |
|---|---|
| Existing Capacity | NA |
| Existing Capacity Utilisation | Not applicable |
| Proposed Capacity Addition | Installed production capacity 27,000 MT for phase-1 |
| Period Within Which the Proposed Capacity is to be Added | Phase -1, is expected to be ready for commercial operation by Q1 of FY 26-27 |
| Investment Required | Phase-1 Investment cost ₹60 Crore |
| Mode of Financing | Internal cash accruals |
| Rationale | To cater to the increased demand |
The project will be executed in phases, with the first phase expected to be ready for commercial operation by Q1 of FY26-27. The investment for the first phase is estimated at ₹60 crore, funded through internal cash accruals.
Arvind Nanda, Managing Director of Interarch Building Solutions Limited, has affirmed the company's dedication to expanding its manufacturing capabilities to address the rising demand for pre-engineered steel buildings.
The new facility is anticipated to enhance the company's production capabilities, enabling it to serve a broader customer base and strengthen its market position.
To cater to the increased demand
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