Hey there, finance enthusiasts! π Big news from SRF Limited (SRF) that’s got their shares ticking up. The company’s stock saw a modest rise of 0.9%, hitting βΉ3165.2, following an exciting announcement about their latest growth plans.
SRF’s Board of Directors, in a meeting held on July 23, 2025, gave the green light to a significant capital expenditure proposal. They’re all set to establish a brand-new production facility dedicated to agrochemicals in Dahej, Gujarat. This strategic move comes with a projected investment of a whopping Rs. 250 Crores! π°
So, what’s the big idea behind this expansion? The primary rationale is crystal clear: to meet the ever-growing customer demand. SRF aims to get this new capacity up and running within an ambitious timeline of 18 months. While the exact proposed capacity addition will be decided based on the product mix, the focus is clearly on strengthening their position in the agrochemical sector.
Financing this substantial project will be a mix of debt and internal accruals, a common and prudent approach for such large-scale investments. This expansion underscores SRF’s commitment to growth and its proactive approach to catering to market needs. It’s always exciting to see companies investing in their future and expanding their capabilities! π
source: Corporate Announcement