Ddev Plastiks Industries Other Announcement
Ddev Plastiks Industries announced an RTA change following the merger of C B Management Services with MUFG Intime India. Services continue under existing terms until 2027.
- Execution
- till 31st March 2027
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Ddev Plastiks Industries announced an RTA change following the merger of C B Management Services with MUFG Intime India. Services continue under existing terms until 2027.
Ddev Plastiks Industries Limited confirmed it does not meet the SEBI criteria for 'Large Corporate' status for FY 2025-26. The company reported zero outstanding long-term borrowings as of March 31, 2026, and maintained a CRISIL A+/Stable credit rating, which is below the AA threshold required for the classification.
Ddev Plastiks Industries commenced commercial operations at its new manufacturing unit in Bhiwandi, Rajasthan, on April 28, 2026. The ₹80 Crore investment expands XLPE production capacity and is projected to generate ₹500 Crore in additional revenue. This strategic expansion targets growing customer demand and long-term geographic growth.