Somany Ceramics has informed the exchanges that expansion of the vintage plant (Morbi) of its associate company is now complete. Vintage Tiles Pvt Ltd (an associate company) has started commercial production of polished vitrified tiles (double charge) up to 4.80 million square meters (msm) per annum from May 10. This will enable the company to produce value-added double charge in different sizes. As a result of this expansion, the capacity of the plant has increased to 4.80 msm per annum from 2.99 msm per annum. Shares of Somany Ceramics, after hitting an all-time high of ₹840 on the NSE, closed at ₹818.15, a gain of 4.5 per cent.
Cosmo Films , a leading manufacturer of speciality BOPP films, has come up with an improvised anti-fog film with excellent cold and hot anti-fog properties and high hot tack and low co-efficient of friction, which can deliver high speed over wrapping performance. This means that the film is suitable for packaging of unpolished fruits in trays on high-speed HFFS machines. Anti-fog films are transparent and is used for packaging of fresh fruits/vegetables, salads, and meat. The high moisture content in these food items leads to mist formation on the film surface thus affecting the visibility and therefore perceived freshness of the food packed inside. An anti-fogging film not only prevents this phenomenon leading to better visibility of the contents inside but also gives the pack better shelf appeal owing to its enhanced gloss/optics. The film complies with the EC and FDA food contact regulations, the company said in a statement to the exchanges. Shares of Cosmo Films closed 0.25 paise lower at ₹446.95 on the NSE.