Big news from GHCL Textiles Limited! The company has officially announced the commencement of operations for its brand-new ‘Meenakshi section’ at the Paravai unit. This is a significant step for the textile giant, signaling a boost in its production capabilities. πͺ
Located in Paravai, Samayanallur Post, Madurai, Tamil Nadu, this new section was formally inaugurated on July 2, 2025. While the official ribbon-cutting happened then, it’s interesting to note that the plant had already kicked off its trial production phase earlier, on June 12, 2025. This means the unit has been gearing up for full-scale operations for a while now.
For investors and industry watchers, this expansion is a positive indicator. Increased capacity often translates to higher production volumes, which can potentially lead to greater revenue and market share for GHCL Textiles. It’s a clear sign of the company’s growth trajectory and commitment to scaling its operations.
At the time of this announcement, GHCLTEXTIL shares saw a slight uptick, trading at βΉ89.67, up 0.1%. It’s always exciting to see companies expand, and this move by GHCL Textiles certainly adds a new thread to its growth story! β¨
source: Corporate Announcement