SRF commissions part of Rs 238 cr specialty chemicals plant project

SRF commissions part of Rs 238 cr specialty chemicals plant project

PTIUpdated: Thursday, May 20, 2021, 01:39 PM IST
article-image
SRF, Dahej | Tejas Shah

Chemicals firm SRF Ltd on Thursday said it has partially commissioned its specialty chemicals project on May 19, at an aggregate cost of Rs 53 crore.

In February 2020, SRF's board had approved the setting-up of a range of dedicated plants to produce specialty chemicals at an estimated cost of Rs 238 crore.

"A part of the said project has been commissioned and capitalised on May 19, 2021 at an aggregate cost of Rs 53 crore," SRF Ltd said in a regulatory filing.

Shares of SRF Ltd were trading 0.65 percent higher at Rs 6,455.55 apiece on BSE.

RECENT STORIES

'World Is Optimistic About India': PM Modi After Microsoft CEO Satya Nadella Commits $17.5 Billion...

'World Is Optimistic About India': PM Modi After Microsoft CEO Satya Nadella   Commits $17.5 Billion...

Labour Policy Update: New Codes Grant Gig & Platform Workers Social Security, e-Shram Registration...

Labour Policy Update: New Codes Grant Gig & Platform Workers Social Security, e-Shram Registration...

Steamhouse India Seeks ₹425 Crore Via IPO; Files Updated Papers With SEBI

Steamhouse India Seeks ₹425 Crore Via IPO; Files Updated Papers With SEBI

HRS Aluglaze Announces ₹50.9 Crore SME IPO Opening On December 11 With Price Band Of ₹94-96

HRS Aluglaze Announces ₹50.9 Crore SME IPO Opening On December 11 With Price Band Of ₹94-96

India's IPO Proceeds Hit Record ₹1.77 Lakh Crore In 2025

India's IPO Proceeds Hit Record ₹1.77 Lakh Crore In 2025