Everest Industries Limited has announced that the Board of Directors of has approved CAPEX of INR 125 crores to set up a new manufacturing facility for ESBS through a wholly owned subsidiary or by the Company at Gudipalli in Andhra Pradesh or any other appropriate location in South India, subject to the receipt of requisite approvals. The CAPEX would enhance the existing capacity of 72,000 million tonne to 114,000 million tonne for ESBS Division. It is expected that CAPEX, funded by a mix of internal accruals and debt, would be operational by 31 March 2024.Mumbai headquartered Everest is one of India’s leading and fastest growing complete building solutions providers. Incorporated in 1934, Everest has a rich history in manufacturing of building materials and Pre-Engineered Steel Buildings. Everest is today a leader in designing, manufacturing and erection of modern Pre-Engineered Steel Buildings, Smart Steel Buildings and Industrial Roofing & Cladding
Everest Industries Limited has announced that the Board of Directors of has approved CAPEX of INR 125 crores to set up a new manufacturing facility for ESBS through a wholly owned subsidiary or by the Company at Gudipalli in Andhra Pradesh or any other appropriate location in South India, subject to the receipt of requisite approvals. The CAPEX would enhance the existing capacity of 72,000 million tonne to 114,000 million tonne for ESBS Division. It is expected that CAPEX, funded by a mix of internal accruals and debt, would be operational by 31 March 2024.Mumbai headquartered Everest is one of India’s leading and fastest growing complete building solutions providers. Incorporated in 1934, Everest has a rich history in manufacturing of building materials and Pre-Engineered Steel Buildings. Everest is today a leader in designing, manufacturing and erection of modern Pre-Engineered Steel Buildings, Smart Steel Buildings and Industrial Roofing & Cladding
