DCM Shriram Limited has approved an additional equity investment of up to ₹18 crore to enhance renewable power procurement for its Bharuch plant.
The latest approval increases the company's total planned investment in renewable energy projects to ₹105 crore and will support higher green power usage at the facility.
The company's board has approved an equity investment of up to ₹18 crore in one or more tranches for acquiring renewable power through special purpose vehicles (SPVs).
The investment is in addition to the previously approved ₹87 crore commitment announced in March 2026.
The fresh investment will enable DCM Shriram to secure approximately 10 MW of additional renewable power supply.
With this expansion, the renewable power sourced through the approved investments will increase from around 48 MW to nearly 58 MW.
The company stated that the additional renewable energy allocation will raise the Bharuch plant's total renewable power supply to approximately 108 MW.
The move aligns with the company's efforts to increase the share of clean energy in its operations and improve energy sustainability.
DCM Shriram noted that detailed information regarding the investment proposal and related terms will be disclosed separately once the arrangements are finalised.
The investment will be made through one or more special purpose vehicles as part of the renewable energy procurement framework.
Read More: DCM Shriram Shares Price in Focus; Despite Higher Q4 FY26 Profit and Dividend Declaration!
As of 19 June 2026, at 1:16 PM, DCM Shriram share price was trading at ₹1,047.00 per share, reflecting a surge of 0.68% from the previous trading session.
DCM Shriram has increased its renewable energy investment commitment to ₹105 crore with an additional ₹18 crore approval. The investment will help secure extra renewable power for its Bharuch facility, taking the plant's total renewable energy supply capacity to around 108 MW.
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Published on: Jun 19, 2026, 1:31 PM IST
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