Vaswani Industries secures approval for expanded MS billet capacity

Capacity expansion signals growth momentum  
Vaswani Industries Ltd [BSE: 532533] announced that it has obtained “Consent to Operate” from the Chhattisgarh Environment Conservation Board for additional MS billet capacity. With this approval, the company’s total billet manufacturing capacity now stands at 105,000 TPA, including its earlier 36,000 TPA.  

The expansion is expected to support higher output, improve economies of scale, and enhance competitiveness in domestic and regional steel markets. The company disclosed the development to stock exchanges under SEBI regulations, emphasizing that the move aligns with its long‑term growth strategy and commitment to operational efficiency.  

Major takeaways  

• Vaswani Industries receives approval for expanded MS billet capacity  
• Clearance granted by Chhattisgarh Environment Conservation Board  
• Total billet capacity rises to 105,000 TPA, including existing 36,000 TPA  
• Expansion strengthens competitiveness in steel manufacturing sector  
• Disclosure made to exchanges under SEBI compliance norms  

Sources: NSE Corporate Filings, BSE Announcements, Business Standard