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Epigral Limited — Capital/Financing Update 2024
Nov 9, 2024
59342_rns_2024-11-09_bf679e32-262e-4630-bf87-916534bf847a.pdf
Capital/Financing Update
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November 09, 2024
To
National Stock Exchange of India Limited “Exchange Plaza”, Bandra-Kurla Complex, Bandra (East) Mumbai 400 051
SYMBOL:- EPIGRAL
BSE Limited Floor- 25, P J Tower, Dalal Street, Mumbai 400 001 Scrip Code 543332
Dear Sir(s),
Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations)
In terms of provisions of Regulation 30 (read with Part A of Schedule III) and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform that the Board of Directors of the Company at their meeting held today i.e. Saturday, November 09, 2024 has approved the expansion of production capacity of Chlorinated Polyvinyl Chloride Resin (CPVC Resin) and Epichlorohydrin at Dahej, Gujarat.
Disclosure required pursuant to Regulation 30 of Listing Regulations read with Para B of Part A of Schedule III to the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13[th] July, 2023 is enclosed is enclosed hereunder:
| Sr. No. | Particulars | Name of Products | Name of Products |
|---|---|---|---|
| CPVC | Epichlorohydrin | ||
| a. | ExistingCapacity | 75,000 TPA | 50,000 TPA |
| b. | ExistingCapacityUtilization | 65% | 80% |
| c. | Proposed CapacityAddition | 75,000 TPA | 50,000 TPA |
| d. | Period within which the ProposedCapacityis to be added | By H1 FY2027 | By H1 FY2027 |
| e. | Investment required | Estimated Rs. 780 Cr. | |
| f. | Mode of Financing | Internal accruals and Debt | |
| g. | Rationale | To enhance market penetration considering its sizeandgrowthpotential. |
We request you to take the same on record.
Thanking you,
Yours faithfully, For Epigral Limited GAURANG (Formerly known as ‘Meghmani Finechem Limited’) Digitally signed by GAURANG GHANSHYAM GHANSHYAM TRIVEDI TRIVEDI Date: 2024.11.09 13:02:53 +05'30'
Gaurang Trivedi Company Secretary (M. No. 22307)
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