Raghav Productivity Enhancers Ltd. announced commencement of commercial operations at its new plant set-up under its wholly owned subsidiary Raghav Productivity Solutions Pvt. Ltd. (RPSPL). The new plant is situated adjoining its existing plant at Newai, 60kms from Jaipur.

Salient features of the new plant are as under: The new plant will manufacture higher quality Silica Ramming mass with the help of improved process enabled by latest technology plant and equipment. The new plant was built with a total capex of INR 65 million which was funded by a term loan of INR 10crs and balance was funded from its parent company, RPEL. The company continues to generate strong operating cash flows and consequently maintains a net debt free balance sheet despite this investment.