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Jindal Poly Films Ltd. — Board/Management Information 2020
Oct 13, 2020
60548_rns_2020-10-13_26b3dc22-e77c-4cc8-9afd-5a0a2084ed71.pdf
Board/Management Information
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Plot No.12, Sector B-1, Local Shopping Complex, Vasant Kunj, New Delhi - 110070 (INDIA) Phone : 011-40322100 Fax : (91-11) 40322129 Web. : www.jindalgroup.com
�� JINDfiL POLY FILMS LTD.
JPFL/DE-PT /SE/2020 -21
Date: October 8, 2020
The Manager, Listing National Stock Exchange of India Ltd. Exchange Plaza, Bandra-Kurla Complex Bandra (E) MUMBAI - 400 051 (Scrip Code: NSE: JINDALPOLY)
The Manager Listing BSE Limited. Phiroze Jeejeebhoy Towers, Dalal Street, Fort, MUMBAI - 400 001
(Scrip Code: BSE: 500227)
Dear Sir/Madam,
Sub: Outcome of Board Meeting held on 30[th ] September, 2020.
With reference to your email dated 6[th ] October, 2020 regarding announcement of investment of Rs. 450 (Four hundred fifty) Crores (Approx.) in Biaxially-Oriented Poly Propylene (BOPP) Film Line and BOPP Capacitor Line, please find the desired information as mentioned hereunder:
| Particulars Existing Nameplate capacity; |
Biaxially-Oriented Poly Propylene (BOPP) Film Line At Nasik Plant of the Company 2, 51,000 MTPA. |
Biaxially-Oriented Poly Propylene (BOPP) Film Line At Nasik Plant of the Company 2, 51,000 MTPA. |
BOPP Capacitor Line at Nasik Plant of the Company |
|
|---|---|---|---|---|
| ThereisnoexistingBOPP Capacitor Line. |
||||
| Existing Nameplate capacity utilization Proposed capacity addition; |
70 to 80 % (Approx.), however actual utilisation is more than 90%. |
NA | ||
| 44,000 MTPA | 5,800 MTPA | |||
| Period within which the proposed capacity is to be added |
March, 2022 (Tentative) Mix of internal accruals and borrowings We are the leading manufacturer of BOPPFilms and to sere the increasing demand in domestic and expor market, this additional capacity being installed. |
January, 2022 (Tentative) | ||
| Mode of financing | Mix of internal accruals and borrowings |
|||
| Rationale | Since this is new line of product and presently demand being served partially through imports. This capacity will serve both in domestic as well as exportpurposes. |
Kindly bring it to the notice of all concerned, please. Thanking you.
Yours Sincerely,
For JINDAL POLY FILMS LIMITED
SANJEE�= ~~(COMPANY SECRETA~~ RY) ACS-18087
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Regd. Office: 19th K.M. Hapur Bulandshahr Road, P.O. Gulaothi, Distt. Bulandshahr (U.P.) CIN : L 17111UP197 4PLC003979