Vippy Spinpro Limited at its board meeting held on July 29, 2021 have decided a plan for modernization cum expansion programme in its unit located at 14-A, Industrial Area, AB Road, Dewas (MP)-455001. The Cost of Project is estimated at INR 500 million which is proposed to be funded by way of Term loan of INR 335 million and balance from Internal Accruals. The company will subsequently place the order of machinery accordingly. Proposed Capacity Addition: 3500 MT (Approx.); Period within which the proposed capacity is to be added: June/September 2022.