DCM Nouvelle Ltd - 542729 - Capacity Expansion
This is to inform that today; the Company has performed Bhoomi Poojan of a new plant at the proposed site at Hisar (Haryana). The capacity of this new production line will be approx. 43776 spindles and with this addition, the overall capacity of the Company will be enhanced to approx. 1,58,000 Spindles. The said new plant would involve an investment of Rs. 175 Crores approx. in Building, Plant & Machinery, Utilities and other related infrastructure. The project is likely to be completed by next year and will be financed by mix of internal accruals and debt. The information as required under Regulation 30 of the SEBI Listing Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015 is enclosed herewith as an Annexure. You are requested to take the above on record19-09-2021