Bodal Chemicals, India's leading manufacturer and marketer of Dye and Dye intermediates, incorporated a new manufacturing plant taken on a lease located at Piludra in Gujarat.
Suresh J Patel, chairman and managing director of Bodal Chemicals said, ''With this new plant in place we now have 9 facilities located across Gujarat. The new facility has been in operation and we are looking forward to its continue it to enhance our productions capacity. The plant is an example of our commitment to building value for customers and driving operational efficiencies. By setting up this plant we are integrating across the value chain to have better control over margins.''
Shares of the company gained Rs 0.20, or 0.35%, to trade at Rs 57.25 at the BSE (12.01 p.m., Monday).