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SRF Ltd. — Regulatory Filings 2021
Jul 28, 2021
61903_rns_2021-07-28_3327cc9a-d57a-4f7e-82ef-cdf7c6a81234.pdf
Regulatory Filings
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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 Scrip Code- 503806
National Stock Exchange of India Limited “Exchange Plaza” Bandra-Kurla Complex Bandra (E) Mumbai 400 051 Scrip Code-SRF
SRF/SEC/BSE/NSE
28.07.2021
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 July 28, 2021 has approved a project for Expansion of Fluorocarbon Refrigerant Gas Capacity, with backward integration into key raw material, at Dahej at an estimated cost of Rs. 550 Crores.
Information as required under the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is as under:
| a) existing capacity | ~50,000MTPA |
|---|---|
| b) existing capacity utilization | >80% |
| c) proposed capacity addition | 15,000 MTPA of fluorocarbon refrigerants and certain key raw materials |
| d) period within which the proposed capacityis to be added |
24 months – by July, 2023 |
| e)investment required | Rs. 550 Crore |
| f) mode of financing | Mix of debt and internal accruals |
| g) rationale | Cater to the expected demand from the domestic and exportmarkets. |
Thanking you,
Yours faithfully, For SRF LIMITED
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Rajat Lakhanpal VP (Corporate Compliance) & Company Secretary
SRF LIMITED Block-C Sector‘45 Gurugram 122 003 Haryana India Tel: +91-124—4354400 Fax: +91-124—4354500 E-mail: [email protected] Website : www.srf.com Regd. Office: Unit No. 236 Sr 237, 2nd Floor DLF Galleria, Mayur Plate Noida Link Road Mayur Vihar Phase 1 Extension Delhi 110091
Corporate identity No. L181010L1970PLC005197