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Atul Limited. — Capital/Financing Update 2024
Oct 29, 2024
60221_rns_2024-10-29_a104d6ed-4758-4496-b2d8-238d9ad264c0.pdf
Capital/Financing Update
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October 29, 2024 The Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exchange Plaza” C – 1, Block G Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Through: BSE Listing portal Through: NEAPS Scrip code: 500027 Symbol: ATUL Dear Sir,
Sub: Increase in capacity of Liquid Epoxy Resin
Ref: Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Regulations”), we inform you that the Company has completed increase in capacity of Liquid Epoxy Resin. The details as required under the Regulations with respect to capacity addition are as under:
| a)existingcapacity | : | 30,000 tpa |
|---|---|---|
| b)existingcapacityutilization | : | 99% |
| c) proposed capacityaddition | : | 50,000 tpa |
| d) period within which the proposedcapacityis to be added | : | The capacity of Liquid Epoxy Resin increased by50,000 tpa effective October 25,2024. |
| e) investment required | : | Approvedinvestment200cr(excludingworkingcapital of165 cr) |
| f)mode of financing | : | Internal accrual |
| g)rationale | : | To meet the requirements of Business. |
We request you to inform the members of the exchange accordingly.
Thank you,
Yours faithfully For Atul Limited Lalit Patni LALIT PATNI Digitally signed by LALIT PATNI DN: c=IN, o=PERSONAL, pseudonym=e2d5a0b712e647029fe748aa6aeac617, 2.5.4.20=dcbb01b07dca40e6aff961c681525a3fc379bd945ca90941eb2fa3a4c06ef195, postalCode=396020, st=Gujarat, serialNumber=12e57a0c1a13a50412ce942250bfdfb5d658c0413d4e8fca6850513e961d4bb2, cn=LALIT PATNI Date: 2024.10.29 13:50:41 +05'30' Company Secretary and Chief Compliance Officer
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