Shree Cement plans $1.26 bn Capex
01 Mar 2020
Shree Cement has announced a planned increase in production capacity from 13.1 mt per year to 55.0 mt per year by 2023. It will achieve this target through capital expense of US$ 1.26 bn. A source of additional capital for Shree Cement’s planned expansion will be a QIP through which it has raised $337 mn.
Contact: Vikas Sharma, General Manager (Marketing), Shree Cement.
Address: Bangur Nagar, Beawar, District Ajmer, Rajasthan-305 901.
Tel: 01462-228101/06.
E-mail: shreebwr@shreecement.com
Website: www.shreecement.com
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