🟡 Medium ImpactCorporate
Diamines & Chemicals to set up new plant on 50-acre land
Diamines & Chemicals to set up new plant on 50-acre land — Diamines & Chemicals' wholly owned subsidiary has signed a binding term sheet on June 29, 2026, to purchase ~50 acres of industrial land in Auro Industrial Park from Kakinada SEZ Limited. The land will host a new chemical plant, marking a strategic expansion. This capex move signals long-term growth plans and enhanced production capacity.
📊 STOCKS: DIAMINES | 🏢 SECTOR: Corporate | #MEDIUMIMPACT #Capex
#Capex#Expansion#Chemicals
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⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.
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