Grasim Industries approves ₹3,094 crore investment to expand Lyocell capacity
Grasim Industries · Cement & Cement Products
Key highlights
- Board approved ₹3,094 crore capex for Phase II Lyocell capacity expansion of 110K TPA at Harihar, Karnataka
- Phase II expansion consists of two lines of 55K TPA each, commissioning expected by mid-2028 and mid-2030
- Post expansion, total Lyocell capacity will reach nearly 210K TPA, and total cellulosic staple fibre capacity will surpass 1 million tonnes annually by 2030
Why it's rated notable: amount is ₹500 crore or more
Original filing
Board Meeting Outcome for Outcome Of Board Meeting
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Grasim Industries
- Acquisition / mergerNotableGrasim Industries' subsidiary Aditya Birla Renewables acquires Solenergi Power Pvt Ltd
- Capex / expansionNotableGrasim Industries commences commercial production at ECH Plant, Vilayat
- Acquisition / mergerMajor development· Adverse for the businessGrasim Industries updates on temporary idling of AV Group NB Inc. pulp facility
- Financial resultsNotableGrasim Industries Limited announces Q1 FY 2026-27 unaudited standalone and consolidated results
- Financial resultsNotableGrasim Industries Limited announces unaudited Q1 FY 2026 financial results and board updates
Other capex / expansion filings this fortnight
- Maharaja & Speedex India Limited raises manufacturing capacity to 72 lakh units/year
- Elin Electronics Q2 FY27 earnings report with 10% revenue growth and margin update
- HOAC Foods India Limited H1 FY27 Earnings Call Transcript dated November 5, 2026
- Gujarat State Fertilizers & Chemicals Limited Q2 FY27 Earnings Call Highlights
- Supriya Lifescience H1 revenue up 14.8% to ₹396.04 crore; Q2 profit falls
- V-MARC India Ltd announces Q2 & H1 FY27 unaudited financial results and review report
Potential multibaggers · Q2 FY27
Potential multibaggers in Cement & Cement Products
on management's own guidance
- J K CementsGood growth2
- 1
- ACCGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.