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DCM Nouvelle Ltd - Capacity Expansion
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19 Sep 2021
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&lt;BR&gt; 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&lt;BR&gt; involve an investment of Rs. 175 Crores approx. in Building, Plant &amp; Machinery, Utilities and other related infrastructure. The project is likely to be completed by next&lt;BR&gt; year and will be financed by mix of internal accruals and debt.&lt;BR&gt; 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&lt;BR&gt; is enclosed herewith as an Annexure.&lt;BR&gt; You are requested to take the above on record
View all announcements for DCM Nouvelle Ltd Source: BSE India

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