Corporate News     18-May-22
Board of DCM Shriram approves investment for captive power and expansion purpose
At meeting held on 17 May 2022
The Board of DCM Shriram at its meeting held on 17 May 2022 has approved an equity investment of Rs 65 crore for minimum 26% equity stake in a Special Purpose Vehicle to be created for setting up a Wind Solar Hybrid renewable power project. The company will get 50 MW of renewable power supply from the SPV.

The Board also approved an investment of upto Rs 57.10 crore to manufacture sulphate of potash (K2SO4) with a capacity of 4,600 TPA at its Hariawan (U.P.) sugar facility.

Previous News
  DCM Shriram consolidated net profit declines 77.72% in the June 2023 quarter
 ( Results - Announcements 25-Jul-23   07:36 )
  DCM Shriram fixes record date for interim dividend
 ( Market Beat - Reports 27-Feb-24   13:49 )
  DCM Shriram fixes record date for final dividend
 ( Market Beat - Reports 04-May-21   19:40 )
  DCM Shriram receives affirmation in ratings for CP programme
 ( Corporate News - 26-Aug-23   11:58 )
  DCM Shriram jumps after board OKs to foray into chemical business
 ( Hot Pursuit - 27-Feb-24   16:50 )
  DCM Shriram to discuss results
 ( Corporate News - 13-Jul-24   12:43 )
  DCM Shriram consolidated net profit rises 5.77% in the December 2018 quarter
 ( Results - Announcements 31-Jan-19   08:28 )
  DCM Shriram schedules board meeting
 ( Corporate News - 21-Feb-24   20:04 )
  DCM Shriram receives affirmation in credit rating
 ( Corporate News - 24-Aug-24   11:20 )
  DCM Shriram dissolves step down subsidiary in Thailand
 ( Corporate News - 17-Jun-21   19:55 )
  DCM Shriram fixes record date for final dividend
 ( Market Beat - Reports 18-May-22   13:19 )
Other Stories
  NIIT allots 75,000 equity shares under ESOP
  03-Oct-24   12:01
  Five-Star Business Finance allots 10,120 equity shares under ESOP
  03-Oct-24   12:00
  J Kumar Infraprojects bags MMRDA road project of Rs 1847.72 cr
  03-Oct-24   11:53
  EFC announces incorporation of two new step down subsidiaries
  03-Oct-24   11:43
  Utkarsh Small Finance Bank appoints Mary Kom and Sunil Chhetri as its brand ambassadors
  03-Oct-24   11:41
  ITD Cementation India wins order of Rs 1,937 cr
  03-Oct-24   10:35
  NIIT Learning Systems allots 1,666 equity shares under ESOP
  03-Oct-24   10:30
  Ashoka Metcast to discuss results
  03-Oct-24   10:29
  Emerald Finance to declare Quarterly Result
  03-Oct-24   10:29
  Rhetan TMT schedules board meeting
  03-Oct-24   10:29
Back Top