DCM Shriram Limited approved an additional equity investment of up to Rs 18 crore at its board meeting held on 19 June 2026. The investment is for obtaining approximately 10 MW of additional renewable power supply for the Bharuch plant through a minimum 26% equity stake in one or more special purpose vehicles.
DCM Shriram will deploy the investment amount in one or more tranches. This approval supplements the Rs 87 crore equity investment cleared by the board on 12 March 2026 for approximately 48 MW of renewable power through a similar SPV structure.
The total approved equity investment across both board decisions now stands at Rs 105 crore. The combined capacity from the two investments will provide approximately 58 MW of renewable power to the Bharuch facility.
When added to existing renewable power arrangements, the fresh infusion will raise DCM Shriram's total renewable power supply at the Bharuch plant to approximately 108 MW. The additional renewable power is intended to support the plant's energy requirements.
The board meeting on 19 June 2026 commenced at 11:00 AM and concluded at 11:25 AM. DCM Shriram stated that the details required under Regulation 30 of the SEBI Listing Regulations will be provided separately once the investment terms are finalised.
DCM Shriram scrip trades on BSE under code 523367 and on NSE under the symbol DCMSHRIRAM.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.