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SRF Ltd. — Capital/Financing Update 2019
Nov 4, 2019
61903_rns_2019-11-04_bcb29bcd-97d9-451c-b018-bd0e3da4da0a.pdf
Capital/Financing Update
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| Crores (approx.)).The details of the project required to | be disclosed as per the Listing Regulations are given below |
|---|---|
| Existing Capacity | There is no existing BOPP film line capacity in Thailand |
| Existing Capacity Utilisation | N.A. |
| Proposed Capacity addition | 45,000 MTPA |
| Period within which the | 30th September, 2021 |
| proposed capacity is to be added | |
| Investment required | USD 50 million |
| Mode of Financing | Mix of internal accruals and borrowings |
| Rationale | This project will provide an additional substrate to SRF in |
| the South East Asian region which will help in offering | |
| sustainable solutions to the customers in BOPET as well | |
| as BOPP. It will further strengthen our presence in the | |
| growing South East Asian region as a credible and long | |
| term packaging films producer. |
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