Thejo Engineering Unveils Rs 40 Crore Capacity Expansion Plan
Hey there, finance enthusiasts! 👋 We’ve got some interesting news from Thejo Engineering Limited (THEJO) that could shape its future growth trajectory.
The company’s Board of Directors, in a meeting held on August 28, 2025, gave the green light to a significant expansion plan for its existing manufacturing facilities. This isn’t just about getting bigger; it’s a strategic move to keep pace with evolving market demands and technological advancements. 🚀
What’s the Big Deal?
Thejo Engineering is set to boost its production capacity by approximately 2600 tonnes per annum. To put that into perspective, the company currently operates at an existing capacity of 3600 tonnes p.a., with about 80% utilization during FY 2024-25. So, this addition represents a substantial increase, designed to cater to future requirements and widen its product range.
The Investment & Timeline
This ambitious expansion comes with an estimated capital expenditure (capex) of Rs 40 Crore. The company plans to fund this investment primarily through a mix of internal accruals and borrowings, ensuring a balanced financial approach. Good news for those wondering when this will come online: the proposed capacity is expected to be added within 10-12 months.
Why the Expansion?
The rationale behind this move is clear: Thejo Engineering wants to ensure its products remain competitive and relevant in a dynamic global market. The expansion will focus on:
- Meeting Future Demand: Addressing the growing needs of its customer base.
- Technology Upgrade: Incorporating advanced technology and equipment to enhance product quality and efficiency.
- Global Alignment: Ensuring its offerings align with evolving global requirements and standards.
This strategic investment underscores Thejo Engineering’s commitment to long-term growth and innovation. It’s always exciting to see companies investing in their future, and this expansion certainly positions THEJO for continued progress! ✨
source: Corporate Announcement
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