General Updates

DCM Shriram Limited announced that its Board of Directors has approved an additional equity investment in Special Purpose Vehicles (SPVs) for renewable power. This latest approval commits up to Rs. 18 crores to secure an additional ~10 MW of renewable energy capacity. This brings the total approved equity investment to Rs. 105 crores, targeting approximately 58 MW of renewable power for its Bharuch Plant. This strategic move highlights the company's focus on sustainable energy sourcing, which could offer long-term operational efficiencies and environmental benefits.