Hindalco Industries Announces Capacity Expansion at Aditya Aluminium
Filing Summary
Hindalco Industries Limited has announced a proposed capacity expansion at its Aditya Aluminium unit in Sambalpur District, Odisha. The current capacity of 370KT will be increased by 193KT, with completion expected by FY2029. The expansion requires an investment of ₹10,225 crores, funded through internal accrual and debt. This move aligns with the company’s growth and expansion strategy. The information is disclosed in compliance with SEBI regulations and is available on Hindalco’s website.
Hindalco Industries Limited has announced a proposed capacity expansion at its Aditya Aluminium unit located in Sambalpur District, Odisha. The current capacity of the unit is 370KT, with a utilization rate of 100%. The company plans to add 193KT to this capacity.
The expansion is scheduled to be completed by FY2029. The investment required for this project is ₹10,225 crores. Hindalco plans to finance this investment through a combination of internal accrual and debt. The rationale behind this expansion is focused on growth and expansion.
This information has been disclosed in accordance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated November 11, 2024. The details are also available on the company’s official website.
Hindalco Industries Limited is a leading player in the aluminium and copper manufacturing sectors. The company focuses on expanding its production capabilities and enhancing its market presence. Hindalco is part of the Aditya Birla Group, which emphasizes sustainable growth and innovation in its operations.