SRF Limited Inks Rs 282 Crore Land Deal with Tata Steel SEZ for Chemical Business Expansion

1 min read     Updated on 12 Sept 2025, 10:54 PM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

SRF Limited has entered into a Memorandum of Understanding with Tata Steel Special Economic Zone Limited to acquire land in Gopalpur, Orissa, for approximately Rs 282 crore. The land will be used to set up various projects for SRF's Chemicals Business. The acquisition will be through a sub-lease arrangement, subject to due diligence and payment obligations. This move signifies SRF's expansion plans in its chemicals segment.

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*this image is generated using AI for illustrative purposes only.

SRF Limited , a multi-business chemicals conglomerate, has taken a significant step towards expanding its chemicals business operations. The company has entered into a Memorandum of Understanding (MoU) with Tata Steel Special Economic Zone Limited (TSSEZL) for a land acquisition deal valued at approximately Rs 282.00 crore, excluding taxes.

Key Details of the Agreement

The MoU outlines the following crucial points:

  • Location: The land to be acquired is situated in Gopalpur, District Ganjam, Orissa.
  • Purpose: SRF Limited plans to set up various projects for its Chemicals Business on this land.
  • Nature of Acquisition: The land will be acquired through a sub-lease arrangement with TSSEZL.
  • Next Steps: The MoU allows SRF to conduct necessary due diligence. Upon fulfilling payment obligations, SRF can enter into a definitive sub-lease agreement with TSSEZL within a specified timeframe.

Transaction Details

Aspect Details
Transaction Value Rs 282.00 crore (approx.)
Taxes Excluded from the stated value
Related Party Transaction No
Shareholding in TSSEZL Nil

Implications and Outlook

This strategic move by SRF Limited signifies a substantial investment in its chemicals business segment. The acquisition of land in Orissa's Gopalpur area could potentially lead to:

  1. Expansion of SRF's production capabilities
  2. Diversification of its chemical product portfolio
  3. Strengthening of its market position in the chemicals sector

The company's decision to set up projects in a Special Economic Zone (SEZ) might also bring additional benefits such as tax incentives and improved infrastructure.

Regulatory Compliance

SRF Limited has duly informed the stock exchanges about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure ensures transparency for shareholders and the market regarding this significant business move.

As the chemicals industry continues to evolve, SRF Limited's expansion plans reflect its commitment to growth and adaptation to market demands.

Historical Stock Returns for SRF

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%+4.20%+4.41%+0.44%+19.43%+243.13%

SRF Limited Releases Transcript of Refrigerant Segment Investor Conference Call

1 min read     Updated on 05 Sept 2025, 11:23 AM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

SRF Limited, a diversified chemical company, has published the transcript of an investor conference call held on August 29, 2025, focusing on updates about its Refrigerant Segment. The full transcript is available on the company's website. In compliance with regulations, SRF has submitted the transcript to BSE Limited and the National Stock Exchange of India Limited on September 5, 2025. The company, based in Delhi with a corporate office in Gurugram, operates under the Corporate Identity Number L181010L1970PLC005197.

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*this image is generated using AI for illustrative purposes only.

SRF Limited , a diversified chemical company, has recently made public the transcript of an investor conference call focused on updates regarding its Refrigerant Segment. The call, which took place on August 29, 2025, provided insights into this crucial division of the company's operations.

Transcript Availability

The company has taken steps to ensure transparency by making the full transcript available on its official website. Interested parties can access the document at https://www.srf.com/wp-content/uploads/2025/09/SRF-Limited-Update-on-Refrigerant-Segment-Concall-Transcript_Final.pdf .

Regulatory Compliance

In line with regulatory requirements, SRF Limited has submitted the transcript to both the BSE Limited and the National Stock Exchange of India Limited. This submission, dated September 5, 2025, demonstrates the company's commitment to keeping investors and regulatory bodies informed about its operations and discussions.

Key Details

Item Details
Event Date August 29, 2025
Focus Update on Refrigerant Segment
Submission Date September 5, 2025

Company Information

SRF Limited, with its registered office in Delhi and corporate office in Gurugram, Haryana, continues to maintain open lines of communication with its stakeholders. The company, operating under the Corporate Identity Number L181010L1970PLC005197, has made this information readily available as part of its investor relations efforts.

Investors and analysts interested in SRF Limited's Refrigerant Segment performance and future outlook are encouraged to review the transcript for detailed insights shared during the conference call. As the chemical industry faces ongoing challenges and opportunities, such updates provide valuable information for assessing the company's strategic direction and operational performance in this specific segment.

Historical Stock Returns for SRF

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%+4.20%+4.41%+0.44%+19.43%+243.13%
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