DCM Shriram has received approval to make the further investment of upto Rs 70 crore in subsidiary company -- DCM Shriram Bio EnChem by way of capital investments in one or more form of securities in one or more tranches. The company has also received approval to carry out the manufacture Sulphate of Potash (K2SO4) project through its subsidiary company -- DCM Shriram Bio EnChem. The Board of directors of the company at its meeting held on August 18, 2022 has approved the same.
DCM Shriram is engaged in the business of fertilizer, sugar and caustic soda.
