"Ramkrishna Forgings Ltd Initiates Commercial Production on New Line"

Ramkrishna Forgings Limited has initiated commercial production of two new press lines, including the ENOMOTO 630 Tonnes Press Line and the Maxi Press 6,000 Tonnes Press Line, at its facility located in Plot No. 1988, Mouza Dugni, PO Kolabira, Dist. Saraikella, Kharswan, effective from April 3, 2024. This development marks an increase in the company's production capacity by 18,250 Tonnes Per Annum (TPA).

With this addition, the company's total production capacity now stands at 2,29,150 TPA.

The introduction of the 630 Tonnes Press Line is set to bolster the company's venture into Warm Forgings, while the 6,000 Tonnes Press Line will enable Ramkrishna Forgings to meet additional customer demands.

The company has invested approximately Rs. 54.59 Crores to facilitate this capacity addition in accordance with its capital expenditure plan.

EQUITYBULLS