Supreme Industries , a leading plastic products manufacturer, has significantly boosted its production capabilities with the commissioning of new ABS compounding lines at its Amdoshi facility. The company announced that production at the new facility commenced on September 25, marking a notable expansion in its manufacturing capacity.

Expansion Details

The newly commissioned lines boast an impressive capacity of 20,000 tonnes per annum (TPA) for ABS (Acrylonitrile Butadiene Styrene) compounding. This strategic move is expected to strengthen Supreme Industries' position in the plastic products market and enhance its ability to meet growing demand.

ABS Compounding Significance

ABS is a common thermoplastic polymer widely used in manufacturing due to its desirable properties such as impact resistance, toughness, and heat resistance. The expansion into ABS compounding suggests Supreme Industries is positioning itself to cater to diverse industrial needs, potentially including automotive parts, electronic housings, and consumer goods.

Impact on Production Capacity

With the addition of 20,000 TPA of ABS compounding capacity, Supreme Industries has demonstrated its commitment to growth and meeting market demands. This expansion is likely to have a positive impact on the company's production capabilities and potentially its market share in the plastic products industry.

Strategic Location

The choice of the Amdoshi facility for this expansion indicates Supreme Industries' strategic approach to enhancing its manufacturing footprint. The location may offer logistical advantages or align with the company's broader operational strategy.

Conclusion

Supreme Industries' latest move to commission these new ABS compounding lines reflects the company's focus on expanding its product offerings and production capabilities. As the plastic products sector continues to evolve, such investments in capacity and technology are crucial for maintaining competitiveness in the market.

Supreme Industries , a leading player in India's plastic industry, has announced significant changes to its board of directors. The company's board has approved the appointment of two new non-executive independent directors while bidding farewell to two outgoing members.

New Appointments

The Board of Directors, in a meeting held on September 13, 2025, approved the appointment of Rajiv Jalota and Sriram Hariharan as Additional Directors in the category of Non-Executive Independent Directors. Both appointments are for a period of five years, effective from September 13, 2025, subject to shareholders' approval through a postal ballot process.

Rajiv Jalota: A Seasoned Administrator

Rajiv Jalota brings over 35 years of experience as an Indian Administrative Service (IAS) officer. His illustrious career includes serving as the Chairman of Mumbai Port Authority and Additional Chief Secretary (Finance) in Maharashtra. Jalota's expertise spans across governance, infrastructure, maritime affairs, industry, urban development, e-Governance, taxation, and public finance.

Some of Jalota's notable achievements include:

• Presenting a ₹4 lakh crore budget as Additional Chief Secretary (Finance), Maharashtra
• Overseeing India's largest indirect tax reform as GST Commissioner, Maharashtra
• Winning the Prime Minister's Award for Excellence in Public Administration in 2017
• Introducing the capital value system for property tax in Mumbai
• Driving global investor outreach and creating Special Economic Zones (SEZs) as CEO of MIDC

Jalota holds a master's degree in international development policy from Duke University and is currently pursuing a Ph.D. in Sustainability at NEERI (AcSIR).

Sriram Hariharan: A Financial Services Veteran

Sriram Hariharan comes with nearly 30 years of experience in the financial services sector. He has played a crucial role in expanding ICICI Bank's global footprint, leading its International Banking Group. Hariharan served as President & CEO of ICICI Bank Canada for over a decade and was most recently the Chairman of the Board for ICICI Bank's Canada and UK subsidiaries.

Hariharan's accomplishments include:

• Being named one of Canada's Top 40 Under 40™ in 2008
• Receiving the Queen Elizabeth II Diamond Jubilee Medal in 2012
• Being honored as Corporate Executive of the Year by the Indo-Canada Chamber of Commerce

He currently serves on the board of Home First Finance Company India Limited and is a board member of the University of Toronto India Foundation.

Retiring Directors

As the company welcomes new talent, it also bids farewell to two esteemed independent directors:

1. Rajeev Mahendra Pandia
2. Ramanathan Kannan

Both directors will retire on September 15, 2025, upon completion of their tenure. The Board acknowledged their valuable contributions and guidance during their service.

Looking Ahead

These board changes reflect Supreme Industries' commitment to maintaining strong corporate governance and bringing fresh perspectives to its leadership. The new appointments are subject to shareholders' approval through a postal ballot, demonstrating the company's adherence to regulatory requirements and commitment to transparency.

The company's shares will be closely watched by investors as these changes take effect, potentially influencing the future direction and strategy of Supreme Industries in the competitive plastic industry landscape.