SRF Ltd. — Capital/Financing Update 2023

Oct 27, 2023

The Corporate Relationship Department, BSE Limited Ist Floor, New Trading Ring Rotunda Building, P.J. Towers Dalal Street, Mumbai 400 001

National Stock Exchange of India Limited “Exchange Plaza” Bandra-Kurla Complex Bandra (E) Mumbai 400 051

Scrip Code-SRF

Scrip Code- 503806

27.10.2023

SRF/SEC/BSE/NSE

Dear Sirs,

Subject: Commissioning and Capitalisation of capital expenditure proposal approved by the Board

This is in continuation of our letters dated 5[th] August, 2019 and 30[th] July, 2020 intimating a capital expenditure for setting up of an integrated facility for development of PTFE at an estimated cost of Rs. 424 Crores.

It is hereby informed that the said project has been commissioned and capitalized today at an aggregate cost of Rs. 489 Crores (approx.). The cost over-run is due to increase in civil and preoperative expenses and delays caused in obtaining support from the technology partner due to COVID imposed restrictions.

The overall feasibility is expected to remain the same.

Thanking you,

Yours faithfully,

For SRF Limited

Rajat Digitally signed by Rajat Lakhanpal Date: 2023.10.27 Lakhanpal 14:43:12 +05'30'

Rajat Lakhanpal Sr. Vice President (Corporate Compliance) & Company Secretary