Project Update5 May 2026, 04:14 pm
SRF Ltd Delays ₹490 Cr BOPP Film Project in Indore
AI Summary
SRF Ltd's Board of Directors has approved an indefinite delay of its previously announced ₹490 crore capital expenditure proposal to set up a BOPP film manufacturing facility in Indore, Madhya Pradesh. The decision was made due to a material evaluation in the operating environment for BOPP films, necessitating a reassessment of the investment's timing. The company emphasizes its continued focus on diversification, downstream asset investments, and selective capacity expansion in higher-value segments to support sustainable growth.
Key Highlights
- SRF Ltd delays ₹490 crore BOPP film manufacturing facility project in Indore.
- Decision driven by reassessment of operating environment for BOPP films.
- Company cites need to re-evaluate the timing of the investment.
- SRF remains focused on diversification and strategic investments for growth.