Mumbai, Oct. 26 -- The board of DCM Shriram at its meeting held on 26 October 2026 has approved equity contribution of upto Rs 50 crore in Shriram Teknor (STL), a Joint Venture between the Company and Teknor Apex B.V., towards its capital investment of upto Rs 133 crore for setting up new manufacturing lines for the manufacture of speciality PVC grades, speciality medical grades and diversification into the manufacture of Halogen Free Flame Retardant (HFFR) grades. Capital investment is proposed to be met through equity contribution of Rs 50 crore by each of the JV partners of STL and the balance amount would be met by STL through internal cash generation and debt funding.

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