Ennore Foundries business updates

Ennore Foundries Ltd has informed that the Company is proceeding with plans for establishing a new facility for ductile iron and Grey iron castings including, blocks and heads and also for a Low pressure Die Casting line for Aluminium. These new projects would involve a capital outlay of around Rs 300 Crores. The various funding options for the investments are being explored and a decision in this regard would be taken shortly.