March 29, 2025
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Asian Paints Dahej Capex increase by 26% jump
Paint maker Asian Paints has announced to increase its capital expenditure (Capex) for its upcoming manufacturing facility in Dahej, Gujarat. The company has increased its capex by a whopping 26%.
The board has approved an additional capex of Rs 690 crore for its Dahej facility. As per the filing, the company’s wholly owned subsidiary – Asian Paints (Polymers) (APPPL) will be injecting the capex amount for different projects. The paint major further noted that the cost of the project would be funded through a combination of equity funding by the Company in APPPL and external debt financing.
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