Kalana Ispat Acquires Land for Rolling Mill in Ahmedabad

Kalana Ispat Ltd has approved the acquisition of land in Ahmedabad to set up a new rolling mill. This strategic move aligns with the company's plans to expand its manufacturing capabilities and diversify its product range. The rolling mill project is part of Kalana Ispat's broader strategy to utilize funds raised from its recent IPO, which also includes installing a solar power plant to enhance operational efficiency and sustainability.

 

Sources: Angel One, Business Standard, Alice Blue Online.