In accordance with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI Listing Regulations') read with Schedule - III thereto, we wish to inform you that the Board of Directors of the Company at their meeting held today i.e., Monday, February 27, 2023 have approved the investment proposal upto Rs 1000/- crores (One thousand crores only) for development of Green Field Project in the states of Gujarat and Andhra Pradesh by way of setting up Speciality Chemicals Integrated Plant in a span of next five years.
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