Shree Renuka Sugars Limited — Important, 26-10-2024: Updates

Shree Renuka Sugars' subsidiary, Anamika Sugar Mills, has approved a capex investment of Rs. 1,838 Mn to expand its cane crushing capacity from 4,000 TCD to 7,000 TCD and establish a 15 MW power plant in Uttar Pradesh. The expansion aims to enhance operational efficiency and reduce sugar production costs. Completion is anticipated before the 2025-26 crushing season, funded through bank borrowings and internal accruals.