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DCM Shriram secures Rs 200 crore sustainability linked loan from HSBC India

28 Sep 2023 Evaluate

DCM Shriram has successfully raised a Sustainability Linked Loan (SLL) of Rs 200 crore from HSBC India. This strategic financial move is aimed at supporting the company's ongoing Capital expenditure program in Bharuch, Gujarat.

This collaboration between DCM Shriram and HSBC India signifies a shared commitment towards fostering sustainability and responsible business practices, further solidifying their dedication to a greener and more responsible future.

DCM Shriram runs two businesses energy intensive and agri business. The company is also the third largest manufacturer of Chlor-Alkali in the India. They have launched value added UPVC window system business under the Fenesta TM brand in India.


Peers
Company Name CMP
Grasim Industries 3194.40
DCM Shriram 995.20
3M India 31875.00
Hindustan Foods 612.50
Balmer Lawrie & Co 165.00
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