Platinum Industries Limited Unit at Palghar Commences Full Commercial Operations
Platinum Industries Limited announced on May 21, 2026, that the manufacturing unit at Palghar has achieved full operational status following the commencement of commercial production at its remaining facility.The company reported that commercial production of the remaining manufacturing facility, located at Gut No. 496/2 & 560/2, Old Satpati Road, Shirgaon village, Palghar-401404, Maharashtra, began with effect from May 21, 2026. The establishment of this facility was listed as one of the core objectives of the Company's Initial Public Offer.
The commencement of the remaining facilities marks a significant milestone for the company. Previously, partial commercial production at the same manufacturing unit had started on August 08, 2025. With the remaining components now fully operational, the manufacturing unit is reported to be entirely functional. Platinum Industries Limited stated that the company anticipates continued growth from the newly commissioned facility.
PLATIND Stock Price Movement
Platinum Industries Limited shares today slipped by 0.68% to settle at ₹222.68. The stock saw a total traded volume of 49,446 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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