Mitsu Chem Plast Limited, a leading polymer solutions company in India, has unveiled plans for a significant capacity expansion, aiming to bolster its manufacturing capabilities and meet increasing market demand. The company, known for its blow-molded and injection-molded products, is set to add approximately 655 MT per year to its existing operational capacity.

Expansion Details

The capacity addition plan, disclosed in a recent announcement, reveals key aspects of Mitsu Chem Plast's growth strategy:

Strategic Rationale

Mitsu Chem Plast's decision to expand its capacity is driven by several strategic factors:

1. Sustaining Growth: The company aims to maintain its growth momentum in the polymer solutions market.
2. Meeting Market Demand: The expansion is a response to rising demand across various sectors.
3. Customer Expectations: Enhanced capacity will allow the company to exceed customer expectations through improved supply capabilities.
4. Long-term Vision: This move aligns with Mitsu Chem Plast's goal of achieving ₹1,000 Cr in annual revenues by 2028.

Impact on Operations

The capacity enhancement is expected to significantly impact Mitsu Chem Plast's operations:

• Diversified Product Range: The company will strengthen its ability to serve a growing customer base across segments including industrial packaging, hospital furniture parts, infrastructure components, and emergency handling solutions.
• Improved Efficiency: Investment in advanced machinery aims to optimize productivity and ensure superior product quality.
• Supply Chain Resilience: The expansion reflects a proactive approach to maintaining supply-chain resilience.

Management Perspective

Mr. Jagdish Dedhia, Chairman of Mitsu Chem Plast Limited, commented on the development: "This capacity enhancement marks another milestone in Mitsu's journey of continuous growth and innovation. As demand across our key business verticals continues to strengthen, this strategic investment ensures that we stay ahead of the curve by expanding production capabilities, improving delivery timelines, and exceeding customer expectations."

Company Overview

Mitsu Chem Plast Limited specializes in polymer-based molded products, serving diverse industries with innovative, technically advanced solutions. The company operates three manufacturing facilities in Maharashtra and reported total revenues of ₹332.88 Cr, with an EBITDA of ₹23.28 Cr and a PAT of ₹7.25 Cr.

This capacity expansion underscores Mitsu Chem Plast's commitment to growth, operational efficiency, and market diversification in the polymer solutions industry. As the company moves forward with its expansion plans, investors and industry observers will be keen to see how this strategic move impacts its market position and financial performance in the coming years.

Mitsu Chem Plast Limited , a leading manufacturer of plastic blow-molded and injection-molded products, has announced key dates for its upcoming dividend payment and Annual General Meeting (AGM).

Dividend Record Date

The company has set Thursday, August 28, 2025, as the record date for the purpose of dividend payment. This decision is subject to shareholder approval at the forthcoming AGM. Shareholders whose names appear on the company's register of members on this date will be eligible to receive the dividend, if declared.

Book Closure and AGM Details

Mitsu Chem Plast has also declared a book closure period from Friday, August 29, 2025, to Thursday, September 4, 2025 (both days inclusive). During this period, the Register of Members and Share Transfer Book of the company will remain closed.

The 37th Annual General Meeting of Mitsu Chem Plast Limited is scheduled to be held on Thursday, September 4, 2025, at 4:00 p.m. In line with modern corporate practices, the AGM will be conducted through video conferencing or other audio-visual means, allowing shareholders to participate remotely.

Company Overview

Mitsu Chem Plast Limited has established itself as a prominent player in the plastic manufacturing industry over the past 35 years. The company serves a diverse range of sectors including:

• Packaging
• Healthcare
• Chemicals
• Pharmaceuticals
• Paints
• Personal care
• Automotive
• E-commerce

With a product portfolio of over 500 SKUs and a client base that includes more than 30 Fortune 500 companies in India, Mitsu Chem Plast has demonstrated consistent growth and innovation in the plastic industry.

The company's commitment to quality is evident through its multiple certifications:

• ISO 9001:2015 for quality management
• ISO 14001:2015 for environmental management
• ISO 45001:2018 for occupational health and safety management

These certifications cover the design, manufacture, and supply of plastic containers, automotive parts, furniture parts, and related products.

Investors and shareholders are advised to take note of these important dates. The dividend payment, subject to approval at the AGM, represents a key event for Mitsu Chem Plast's shareholders, while the AGM provides an opportunity for stakeholders to engage with the company's management and review its performance and future strategies.

As Mitsu Chem Plast continues to navigate the dynamic plastic manufacturing landscape, these corporate actions reflect the company's ongoing commitment to shareholder value and transparent governance practices.