DCM NOUVELLE LIMITED — Capital/Financing Update 2021

Sep 19, 2021

September 19, 2021

BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers,	Exchange Plaza, C-1, Block G
Dalal Street,	Sandra Kurla Complex,
Mumbai 40001	Sandra East Mumbai
	Maharashtra - 400051
Scrip Code: 542729	Trading Symbol: DCMNVL

Dear Sir,

Sub: Announcement under Regulation 30 of SEBI Listing Regulations, 2015 - Capacity expansion

This is to inform that today; the Company has performed Bhoomi Poojan of a new plant at the proposed site at Hisar (Haryana). The capacity of this new production line will be approx. 43776 spindles and with this addition, the overall capacity of the Company will be enhanced to approx. 1,58,000 Spindles. The said new plant would involve an investment of Rs. 175 Crores approx. in Building, Plant & Machinery, Utilities and other related infrastructure. The project is likely to be completed by next year and will be financed by mix of internal accruals and debt.

The information as required under Regulation 30 of the SEBI Listing Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015 is enclosed herewith as an Annexure.

You are requested to take the above on record.

For DCM Nouvelle Limited

Mohd Sagir Company Secretary & Compliance Officer

Encl: As above

GGG noUVELLE

Annexure-A

Disclosure under Regulation 30(4) read with the Clause B of Part A of Schedule Ill of SEBI (LODR) Regulations for Capacity Addition/Expansion:

SI. No.	Particulars	Disclosures
a)	Existing Spindle capacity	114096 Spindles
b)	Existing capacity utilization	100%
c)	Proposed capacity addition	43776 Spindles
d)	Period within which the proposed capacity is to be added	1 Year
e)	Investment required	Rs. 175 Crore (Approx.)
t)	Mode of financing	Debt and internal accruals
g)	Rationale	Good demand for quality yarn in global market