SRF Limited has announced for Board of directors at its gathering hung on November 4, 2019 has endorsed capital use proposition for limit upgrade cum modernization of TCF worth chain at an expected expense of Rs. 125 Crores. This is an improvement of the capex of Rs. 81.58 Crores affirmed by the Board at its gathering hung on February 4, 2019, to oblige the client necessities from Indiaas the specialized materials business tasks of SRF Industries (Thailand) Ltd. have been closed down because of monetary unviability.

Project Details:

* Existing Capacity 3800 MTPM (Greige fabric), 3450 MTPM (Yarn)

* Proposed Capacity addition 750 MTPM (Greige fabric), 1255 MTPM (Yarn)

* Period within which the proposed capacity is to be added 31st March, 2023

* Investment required Rs. 125 Crs