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SRF Ltd. — Capital/Financing Update 2020
May 21, 2020
61903_rns_2020-05-21_299f5bfd-2e91-466e-8c02-b80ff6e6b126.pdf
Capital/Financing Update
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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- 503806
Scrip Code-SRF
SRF/SEC/BSE/NSE 21.05.2020
Subject: Commissioning and capitalisation of capital expenditure proposal approved by the Board
Dear Sir,
This is in continuation of our letter dated 9[th] July, 2018 informing Board’s approval for setting-up of a facility to setting up of a BOPET film line & Resin plant in Thailand by SRF Industries (Thailand) Ltd. (a wholly owned subsidiary of the Company) at a total cost of USD 60 million .
This is to report that BOPET film line which is a part of the aforesaid project has been commissioned and capitalised on 20th May, 2020 at an approximate cost of USD 51 million.
Thanking you,
Yours faithfully,
For SRF Limited
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Rajat Lakhanpal
Vice President (Corporate Compliances) & Company Secretary