{"id":9445,"date":"2018-02-23T17:51:52","date_gmt":"2018-02-23T17:51:52","guid":{"rendered":"http:\/\/faceinews.com\/?p=9445"},"modified":"2018-02-23T17:51:52","modified_gmt":"2018-02-23T17:51:52","slug":"dcm-shriram-ltd-2nd-interim-dividend-declared-at-170-i-e-rs-3-40-per","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=9445","title":{"rendered":"DCM Shriram Ltd. 2nd Interim dividend declared at 170% i.e Rs 3.40 per"},"content":{"rendered":"<p><u><\/u><strong><u>equity share of face value Rs 2 for FY 2017-18 <\/u><\/strong><\/p>\n<p><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" rel=\"attachment wp-att-7654\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7654\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" alt=\"Faceinews Logo - Copy\" width=\"173\" height=\"43\" \/><\/a><\/p>\n<p>The Board of Directors at its meeting held today has declared 2<sup>nd<\/sup> interim dividend of 170% i.e Rs 3.40 per equity share of face value Rs 2\/- for financial year 2017-18..<\/p>\n<p>The Chemicals business has provided growth and stability to the group and it will continue to be a key pillar of our overall growth ambitions in the coming years.<\/p>\n<p>Under this vision, we had successfully executed a 500 + Tonnes Per Day (TPD) Chlor Alkali expansion in 2016-17 which is currently running at its full capacity. Further we are in the process of executing approximately 500 Tonnes Per Day Chlor-Alkali capacity including the 186 Tonnes Per Day expansion approved today at an investment of Rs 113 Crores . The commissioning of these capacities is expected to be completed in multiple phases by April 2019, taking our overall Chlor-Alkali capacity to about 1850 Tonnes Per Day.<\/p>\n<p>In the medium- term we plan to further expand our chemical business and are studying the possibility of adding approximately 1000 Tonnes Per Day of Chlor-Alkali capacity, supported by downstream products to leverage our strength in the business.<\/p>\n<p>For Further information, please contact:<\/p>\n<p>Aman Pannu<\/p>\n<p>Head- Corporate Communications<\/p>\n<p>DCM Shriram Ltd<\/p>\n<p>9899078610\/42100200<\/p>\n","protected":false},"excerpt":{"rendered":"<p>equity share of face value Rs 2 for FY 2017-18 The Board of Directors at its meeting held today has declared 2nd interim dividend of 170% i.e Rs 3.40 per equity share of face value Rs 2\/- for financial year 2017-18.. The Chemicals business has provided growth and stability to the group and it will [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-9445","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/9445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9445"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/9445\/revisions"}],"predecessor-version":[{"id":9446,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/9445\/revisions\/9446"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}