Dhabriya Polywood Ltd Purchases Factory Premises for Expansion in Jaipur
Dhabriya Polywood Limited has acquired new factory premises to support its future expansion plans, focusing on both capacity enhancement and the addition of new product lines alongside existing product ranges.The industrial property purchased is located at Plot No. B-10(A,D,D1)A, Malviya Nagar Industrial Area, Jaipur - 302017. The premises are described as a factory land and building, admeasuring 2436 sq. meters, and are situated opposite the company's existing factory premises and registered office.
The total consideration paid for the new factory site was 22.46 crore. The funding for this purchase was sourced through internal accruals and partial bank funding.
The acquisition marks a significant step for the company's operational growth strategy.
Stock Price Movement
Dhabriya Polywood Ltd settled at ₹311.80 on Tuesday, slipping by 4.12% in after-hours trading. Throughout the session, shares navigated a considerable swing, trading between a low of ₹295.10 and a high of ₹326.95.Source:
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