Board Meeting19 Jun 2026, 11:37 am
DCM Shriram Approves ₹18 Cr Investment for Renewable Power
AI Summary
DCM Shriram's Board of Directors met on June 19, 2026, approving an additional equity investment of up to ₹18 crores in one or more tranches. This brings the total approved equity investment to ₹105 crores. The investment is for obtaining approximately 10 MW of additional renewable power supply, increasing the total renewable power supply for its Bharuch Plant to approximately 108 MW. This follows a previous approval for an investment of up to ₹87 crores for a 48 MW supply. Further details regarding the investment proposal will be provided once finalized.
Key Highlights
- Board approved additional ₹18 Cr equity investment.
- Total approved investment now stands at ₹105 Cr.
- Secures an additional ~10 MW renewable power supply.
- Bharuch Plant's total renewable power supply to reach ~108 MW.
Price Impact
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