Innova Captab Board Approves ₹50 Crore Land Acquisition In Principle

Board gave in-principle approval to acquire land for estimated investment of Rs 50 Cr; final agreement is pending. A new land-led expansion commitment alongside the approved Baddi capacity addition, but the intended use of the land is undisclosed. Funding source, location, timeline, land area and expected capacity or revenue contribution remain undisclosed; execution depends on the final sale agreement.