Commercial Syn Bags Approves ₹83 Crore Expansion for New Manufacturing Unit and Capacity Increase
Commercial Syn Bags approved a ₹60 Crore expansion for a new subsidiary unit, Comsyn International, with 9000 MTPA capacity by June 2027. They also approved a ₹23 Crore expansion for their Techtex unit, adding 3300 MTPA by July 2026. Financing will be through borrowings, internal accruals, and share capital.
The expansion involves substantial investments and capacity additions, which are expected to positively impact the company's business operations and market position.
The company announced significant expansion plans, indicating growth and a positive outlook.
Commercial Syn Bags Limited announced today, January 24, 2026, that its Board of Directors has approved significant expansion plans.
The company will establish a new manufacturing unit through its wholly-owned subsidiary, Comsyn International Private Limited, located at Plot No. 111, Smart Industrial Park, Near Natrip Pithampur Dhar. This new unit is projected to have a capacity addition of approximately 9000 MT per annum and is expected to be operational by June 2027. The investment required for this expansion is ₹60.00 Crores, which will be financed through bank borrowings and the parent company.
Additionally, the company will expand the manufacturing capacity of its Techtex unit. The proposed capacity addition is approximately 3300 MTPA, with an expected completion date of July 2026. This expansion will require an investment of ₹23.00 Crores, to be funded through internal accruals, share capital, and borrowings.
The Board meeting commenced at 11:15 A.M. and concluded at 12:25 P.M.
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