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DCM Shriram Limited Capital/Financing Update 2021

Nov 8, 2021

61505_rns_2021-11-08_405e8fcb-87cc-4796-b69c-12edaa77e8a0.pdf

Capital/Financing Update

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BSE LimitedPhiroze JeeJeeBhoy Towers,Dalal Street,Mumbai - 400 001	National Stock Exchange of India Ltd.,"Exchange Plaza",5 th Floor, Plot No. C-1, G Block,Bandra-Kurla Complex, Bandra (E)Mumbai - 400 051
SCRIP CODE: 523367	SCRIP CODE : DCMSHRIRAM

Kind Attn Department of Corporate Communications/ Head - Listing Department $\ddot{\phantom{a}}$

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Subject $\ddot{\phantom{a}}$ Requirements) Regulations, 2015

Dear Sir,

Pursuant to the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company in their meeting held through video conferencing on 8.11.2021, approved three investment proposals related to Sugar Business of the Company. The requisite details as required under Regulation 30 of SEBI Listing Regulations in this regard are as below:

	Expansion of AjbapurSugarunitalongwithconversionfullofRefinedcapacitytoSugar	Expansionof RefinedSugarcapacityatHariawan Sugar unit	Higher capacity of grainmillingattachment atAjbapur
Existing Capacity	10,500 TCD	5,000 TCD	NA
Proposedcapacityaddition	6,000 TCD (replacing$\bullet$existing 3000 TCD,hence net addition of3000 TCD)New RefinedSugar$\bullet$capacityforentirecrushing capacity of13,500 TCD	RefinedSugar capacityfor 8,000 TCD crushingcapacity.	Grainattachmentindistillery size increased to260 KLD for the upcoming120KLDdistilleryatAjbapur(Upcomingdistillerycapacitytoremain at 120 KLD)
Period within whichtheproposedcapacity is to beadded	October 2022	September 2022	October 2022
Investment required	Rs. 258 Crores	Rs. 50 Crores	Rs. 50 Crores
Rationale	Increaseinsugarcaneavailabilityinourcatchmentandareaincreasingconsumerpreferencerefinedforsugar	Increasingtrendofconsumer preferenceforrefined sugar	Ourexistingdistillationcapacitiesarepartiallydependentonoutsidemolasses. With availabilityof molasses becoming achallenge; it is proposedto build flexibility of grainsas a feedstock.

DCM SHRIRAM LTD.

Registered and Corporate Office: 2nd Floor (West Wing), Worldmark 1, Aerocity, New Delhi - 110037, India Tel: +91 11 42100200 e-mail: [email protected] website: www.dcmshriram.com CIN No. L74899DL1989PLC034923

Shriram Fertilisers & Chemicals • Shriram Alkali & Chemicals • DCM Shriram Sugar • Bioseed • Fenesta Building Systems • Shriram Cement

With the above Capital expenditure the total Sugarcane crush capacity will increase to 41000 TCD from 38,000 TCD, Refined Sugar (Sulphur less sugar) capacity will increase for crushing capacity of 26,500 TCD from 5000 TCD. The investments will be funded by a mix of internal generation and Debt.