DCM Shriram Secures USD 90 mn Sustainability-Linked NCDs

16 Mar 2026 CW Team

The proceeds from the issuance will be utilised to strengthen the company's strategic initiatives and to support long-term growth plans. IFC's investment is intended to strengthen industrial capabilities through expansion of the company's downstream chemicals business and to foster local value creation. The financing is also expected to support rural job creation by providing capital expenditure for the expansion of agri businesses that have widespread engagement with farmers at the grassroots level. The structure links sustainability targets to financing terms to align operational improvements with environmental and social objectives.

DCM Shriram is a diversified business with activities across the agri value chain, chemicals and building material products and operates multiple manufacturing facilities across India with access to captive power at key units. The company emphasises sustainable growth, innovation and long-term value creation while driving operational efficiency and competitive strength across its businesses. The investment by IFC will support expansion plans and is designed to deepen value-added production and to strengthen supply chains. The transaction also aligns with national priorities for manufacturing and rural development.

Senior company leadership described the transaction as a significant milestone in the company's journey towards responsible growth and sustainable value creation, noting IFC's long-standing strategic partnership over two decades and expressing confidence that the investment will accelerate growth, improve operational efficiency, reduce environmental footprint and enhance long-term resilience. Both parties emphasised transparent, independently reviewed targets.

DCM Shriram Limited has secured an investment commitment from the International Finance Corporation (IFC) of United States dollar (USD) 90 mn by way of subscription to Sustainability-Linked Non-Convertible Debentures (NCD) to be issued by the company. The transaction has been structured in alignment with the International Capital Market Association Sustainability-linked Bond Principles and the Loan Market Association Sustainability-linked Loan Principles and is anchored in the company's newly developed Sustainability-Linked Loan (SLL) Framework. The framework has been independently reviewed and assured by CareEdge ESG as a Second Party Opinion (SPO) provider. This independent validation is said to enhance transparency for stakeholders and to demonstrate the robustness of the company's sustainability roadmap. The proceeds from the issuance will be utilised to strengthen the company's strategic initiatives and to support long-term growth plans. IFC's investment is intended to strengthen industrial capabilities through expansion of the company's downstream chemicals business and to foster local value creation. The financing is also expected to support rural job creation by providing capital expenditure for the expansion of agri businesses that have widespread engagement with farmers at the grassroots level. The structure links sustainability targets to financing terms to align operational improvements with environmental and social objectives. DCM Shriram is a diversified business with activities across the agri value chain, chemicals and building material products and operates multiple manufacturing facilities across India with access to captive power at key units. The company emphasises sustainable growth, innovation and long-term value creation while driving operational efficiency and competitive strength across its businesses. The investment by IFC will support expansion plans and is designed to deepen value-added production and to strengthen supply chains. The transaction also aligns with national priorities for manufacturing and rural development. Senior company leadership described the transaction as a significant milestone in the company's journey towards responsible growth and sustainable value creation, noting IFC's long-standing strategic partnership over two decades and expressing confidence that the investment will accelerate growth, improve operational efficiency, reduce environmental footprint and enhance long-term resilience. Both parties emphasised transparent, independently reviewed targets.

Equipment

29 Apr 2026

Raimondi Launches TTC 70 Telecrawler Crane Engineered by Terex

Raimondi Group has expanded its lifting equipment portfolio with the launch of its first telecrawler crane line, marking Terex Rough Terrain Cranes’ return to the crawler crane segment. Terex Rough Terrain Cranes is now a business division of Raimondi following the acquisition of key Terex lifting brands.The new telecrawler range debuts with the TTC 70, designed, engineered and manufactured at the group’s rough terrain headquarters in Crespellano, Bologna. The company said the model will serve as the foundation of a renewed crawler category, with additional telecrawler models planned in th..

Infrastructure Urban

29 Apr 2026

Bondada Engineering Revenue Jumps 81% to Rs 28.43 Billion

Bondada Engineering announced its financial results for the fourth quarter and full year ended March 31, 2026, reporting strong growth across its key business verticals, supported by consistent execution and operational expansion.For FY 2025–26, the company recorded total revenue of Rs 28.43 billion, compared to Rs 15.71 billion in FY 2024–25, registering an 81 per cent year-on-year increase. The growth was driven by a stronger presence and higher project execution across Renewable Energy, Telecom and Railways segments.Profitability also improved significantly during the year. Profit after..

Infrastructure Urban

29 Apr 2026

Dalmia Bharat PAT Jumps 65% to Rs 11.57 Billion in FY26

Dalmia Bharat reported a strong financial performance for the quarter and year ended March 31, 2026, with consolidated profit after tax (PAT) rising 65 c year-on-year to Rs 11.57 billion in FY26.During Q4 FY26, cement volumes grew 3 per cent YoY to 8.8 million tonnes, while revenues increased 4 per cent to Rs 42.45 billion. The company posted its highest-ever quarterly EBITDA of Rs 9.02 billion, up 14 per cent YoY. Net debt-to-EBITDA stood at 0.46x as on March 31, 2026, reflecting a healthy balance sheet position.Commenting on the performance, Puneet Dalmia, Managing Director & CEO, Dalmia Bha..