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SRF Ltd. — Capital/Financing Update 2024
Oct 22, 2024
61903_rns_2024-10-22_661e4a13-09d1-4ea3-95eb-07c550f2eb67.pdf
Capital/Financing Update
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The Corporate Relationship Department, National Stock Exchange of India Limited BSE Limited “Exchange Plaza” Ist Floor, New Trading Ring Rotunda Bandra-Kurla Complex Building, P.J. Towers Bandra (E) Dalal Street, Mumbai 400 051 Mumbai 400 001 Scrip Code- 503806 Scrip Code-SRF
SRF/SEC/BSE/NSE Date: 22.10.2024
Dear Sirs,
Subject: Capital Expenditure proposal approved by the Board
In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held on October 22, 2024 has approved project for setting up manufacturing facility for BOPP – BOPE Film (including Metallizer) at Indore.
Information as required under the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is as under:
| a) existing capacity; | Not Applicable |
|---|---|
| b) existing capacity utilization | Not Applicable |
| c) proposed capacity addition; | 60,000 MTPA (Nameplate) on BOPP |
| d) period within which the proposed | 25 months |
| capacity is to be added | |
| e) investment required | Rs. 445 Crores |
| f)mode of financing | Mix of debt and internal accruals |
| g) rationale | To explore expansion in business adjacencies. |
Thanking you,
Yours faithfully,
for SRF LIMITED
RAJAT Digitally signed by RAJAT LAKHA LAKHANPAL Date: NPAL 2024.10.22 15:00:55 +05'30'
RAJAT LAKHANPAL
Sr. VP (CORPORATE COMPLIANCE) & COMPANY SECRETARY
SRF - General [Internal Use] - This mail, document is for general internal use in SRF