51544
DCM SHRIRAM LIMITED
Oct 31, 2025
India
South Asia
Dec 5, 2025
B - Limited
Active
Mar 23, 2026
Regional Industry - MAS Asia & Pac
other
Approved : Jan 8, 2026
Signed : Feb 23, 2026
Invested : Mar 11, 2026
Sugar Refining and Sweetener Production
The proposed investment is through Non-Convertible Debentures (“NCDs”) of up to INR 13,125 million (US$150 million equivalent) issued to DCM Shriram Limited (“DCM Shriram” or the “Company”) to partly finance the Company’s capex plan for FY25 to FY27 (the “Project”). The Project is expected to comprise (i) aluminum chloride and calcium chloride production facility at a new site in Jhagadia, Bharuch, Gujarat; (ii) maintenance, project capex and refinancing of loans for the sugar mills at Loni, Hariawan and Ajbapur and distillery plants in Ajbapur and Hariawan (all in Uttar Pradesh) (iii) maintenance and project capex for chlor-alkali production in Kota, Rajasthan; and (iii) long-term working capital of the Company.
The Company maintains a strong and consistent focus on climate change mitigation and sustainability and is collaborating with IFC on climate mitigation strategies. IFC will provide a decarbonization advisory to recommend deep-decarbonization solutions, evaluate the techno-commercial feasibility of identified carbon reduction and carbon offset opportunities, and provide implementation support at a later stage.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Himanshu Bokaria