Hindustan Composites Limited at its board meeting held on 29 May 2024, approved the capacity expansion plan for the financial year 2024-2025. Commercial Vehicle Liner Existing Capacity (Monthly) is 875,000 Nos. Existing Capacity Utilization is 82%.

Proposed Capacity addition (Monthly) is 30,000 Nos. Period within which the proposed capacity is to be added is 4 months. Investment required is INR 16.00 million.

Mode of financing is Internal resources. Rationale is to cater additional demand in this segment. Railway Brake Block Existing Capacity (Monthly) is 250,000 Nos.

Existing Capacity Utilization is 99%. Proposed Capacity addition (Monthly) is 100,000 Nos. Period within which the proposed capacity is to be added is 5 months.

Investment required is INR 44.5 million. Mode of financing is Internal resources. Rationale is to cater additional demand in this segment.