AMARA RAJA BATTERIES LTD. - Outcome of Board Meeting - Expansion of two-wheeler battery capacity and four-wheeler battery capacity
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| 25 May 2016 | |
| Amara Raja Batteries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2016, in view of anticipatory growth in demand for two-wheeler batteries, reviewed a proposal for expansion of two-wheeler battery capacity to be implemented in four phases, staggered over a period of four years, which would on completion take the capacity from existing 11 million units p.a to 25 million units p.a.<BR><BR>The Board approved setting up of necessary infrastructure for the entire expansion and first phase of expansion comprising of 3 lines which would take the capacity to 15 million units p.a.<BR><BR>The Board had already approved at its meeting held on March 19, 2016 the expansion of four-wheeler battery capacity from 8.25 million units p.a to 11 million units p.a. | |
| View all announcements for AMARA RAJA BATTERIES LTD. | Source: BSE India |
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