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DCM Shriram gets nod for investment proposal to set up Country Liquor bottling plant

04 Jun 2020 Evaluate

DCM Shriram’s board has approved an investment proposal for an estimated amount of Rs 42.40 crore to set up Country Liquor bottling plant of capacity of 11,000 cases per day at company’s Sugar Unit in Hariawan. The project will facilitate forward integration to company’s distillation capacity and also will give swing capability between ethanol & country liquor. The Board of Directors of the company at its meeting held on June 3, 2020 has approved the same.

DCM Shriram is engaged in the business of fertilizer, sugar and caustic soda.

Peers
Company Name CMP
Grasim Industries 3190.00
DCM Shriram 985.65
3M India 31750.00
Hindustan Foods 592.00
Balmer Lawrie & Co 165.15
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