SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SRF gets nod for capital expenditure proposals

29 Jul 2011 Evaluate

SRF has received an approval for its proposed capital expenditure proposals. The company has received an approval at its board meeting held on July 28, 2011. The board has approved investment in a thin BOPET film line (28500 TPA) and metalizer (7050 TPA) in Thailand as a cost of $65 million equivalent to Rs 290 crore approximately. Also, the plan to set up 28500 MT BOPET Film plant in Bangladesh through a 80:20 joint venture with Nitol Niloy Group will be reviewed by the board.

Further, revised capital expenditure for the Multipurpose Chemical Plant at Dahej to Rs 132 crore from Rs 97 crore had been approved by the board at its meeting held on March 29, 2010.

SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides India, SRF has a presence in Dubai, South Africa and Thailand.

SRF Share Price

2551.40 32.20 (1.28%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3651.95
Tata Chemicals 804.85
SRF 2551.40
Pidilite Inds. 1364.45
Deepak Nitrite 1751.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×