Indo Count Industries Limited has issued a corrigendum regarding the operational timeline for its spinning facility located in Alte, Kolhapur. The company has corrected an inadvertent clerical error, revising the expected commissioning period. The project is now anticipated to become operational by Q2 of FY 2028, a shift from the previously stated Q2 of FY 2027. All other details of the capacity addition disclosure remain unchanged.
Correction to Capacity Addition Timeline
Indo Count Industries Limited has submitted a corrigendum to its earlier intimation concerning the capacity addition at its spinning facility. This facility is situated in Alte, Kolhapur, Maharashtra. The company has identified a clerical error in the previously disclosed timeline for the project’s operational commencement.
Revised Project Commissioning Period
The revised timeline now indicates that the spinning facility is expected to become operational or commissioned by Q2 of FY 2028. This supersedes the previous projection of Q2 of FY 2027. The company assures that all other details pertaining to this capacity addition remain consistent with the original disclosure.
The management has requested that this corrected information be taken on record.
Source: BSE
