Pondy Oxides & Chemicals Limited (POCL) – NSE: POCL | BSE: 532626

Introduction

Pondy Oxides & Chemicals Limited (POCL) has filed an announcement with the National Stock Exchange (NSE) and BSE, informing shareholders that its Board of Directors approved the establishment of a new copper recycling plant in Thervoykandigai, Thiruvallur District, Tamil Nadu.

Key Highlights of the Copper Recycling Plant Project

Project Overview

• Location: Thervoykandigai, Tamil Nadu, India
• Installed Capacity: 36,000 MTPA of LME Grade A copper cathode, to be rolled out in two phases of 18,000 MTPA each
• Technology: Integrated pyro‑refining and electro‑refining facility
• Project Cost: Approximately ₹ 200 crores
• Funding Source: Internal accruals (no external debt or equity raised)
• Target Markets: Domestic Indian market and export destinations
• Commissioning Timeline: On or before December 2026

Strategic Rationale (Business Imperative)

• Portfolio Expansion: Diversifies and forward‑integrates POCL’s non‑ferrous recycling business with value‑added capabilities.
• Leverage Core Expertise: Builds on POCL’s established recycling know‑how.
• Vertical Integration: Enhances metallurgical value addition within the company’s supply chain.
• Global Positioning: Aims to make POCL a competitive supplier of recycled copper on the international stage.
• Sustainability Commitment: Reinforces POCL’s focus on sustainable and responsible manufacturing practices.
• Import Substitution: Reduces India’s reliance on imported copper.

Regulatory Compliance

• The announcement is made pursuant to Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Contact Information

• Address: KRM Centre, 4th Floor, #2, Harrington Road, Chetpet, Chennai – 600 031, Tamil Nadu, India
• Phone: +91‑44‑4296 5454
• Email: info@pocl.com
• Website: www.pocl.com

This announcement reflects POCL’s strategic move to strengthen its recycling capabilities and align with circular‑economy principles.