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Shree Cements Ltd. Capital/Financing Update 2021

Sep 14, 2021

Capital/Financing Update

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Existing cement capacity ofSCEPL	Nil
Capacityutilization	NotApplicable
Proposed capacity addition	3.0 Million Ton Per Annum
Period within which the proposed capacity isto be added	Quarter ending March, 2023
Investment required	Rs. 750 Crores(Approx.)
Modeoftiinancing	Main ly bywayorIEquity contributionilimmShreeCementltd
Rationale	The cement demand supply situationinWestBengal appears quite favourable and thus,investment in cement plant in the State wouldbe aviable proposition.