Balmer Lawrie & Co. Ltd. informed that the Board of Directors of the Company at its Meeting held on 27th March, 2024 has, inter- alia, approved the proposal for setting up a FTWZ in SEZ of JNPA on a land parcel of approximately 15 Acres. Expected benefits is The company is committed to sustained growth and it is dedicated to delivering value to customers worldwide. Inline with
the objective, the company is exploring opportunities to diversify into related business verticals in Logistics segment. Since JNPA region has been witnessing lot of developments on industrialization and warehousing sector thereby catering to larger catchment areas, it is more suitable for setting up a FTWZ facility in the said region. This will also facilitate additional
revenue generation for the organisation and foster employment opportunities in the region. Estimated amount to be invested INR 2300 million.