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| Exchange Received Time 22/05/2017 18:07:59 Exchange Disseminated Time 22/05/2017 18:08:06 Time Taken 00:00:07 | | 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 May 22, 2017 has approved setting-up of a facility to produce agrochemical at SRF's Chemical Complex in Dahej, Gujarat at an estimated cost of Rs. 180 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; Nil b) existing capacity utilization Not Applicable c) proposed capacity addition; 250 MT PA d) period within which the proposed capacity is to be added 12 - 18 Months e) investment required Rs. 180 Crore f) mode of financing Mix of debt and internal accruals g) rationale Production of new agrochemical |
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