 "Vindhya Telelinks soars 12% as board approves expansion plan")
Vindhya Telelinks soared 12% to Rs 771, also its 52-week high on BSE, after the company said its board has approved Rs 32.75 crore capital expenditure plan for expansion-cum-diversification at its Rewa copper cable facility, is likely to be operational in two stages by December, 2017.
“The board approved a proposal for substantial expansion-cum-diversification of the Company's existing copper cable facility at Rewa, to be executed in stages, for manufacturing of Electron Beam Irradiated Cross-linked Cables including installation of Electron Beam Accelerator(s) of appropriate rated capacity, with an estimated capital outlay of Rs 32.75 crore, to be funded by
“The board approved a proposal for substantial expansion-cum-diversification of the Company's existing copper cable facility at Rewa, to be executed in stages, for manufacturing of Electron Beam Irradiated Cross-linked Cables including installation of Electron Beam Accelerator(s) of appropriate rated capacity, with an estimated capital outlay of Rs 32.75 crore, to be funded by
