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DCM Shriram Obtains $90 Million IFC Investment for Sustainability Goals
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DCM Shriram Secures $90M IFC Investment for Sustainable Growth, Expansion
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News18
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13-03-2026, 19:15
DCM Shriram Secures $90M IFC Investment for Sustainable Growth, Expansion
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DCM Shriram Ltd receives USD 90 million from International Finance Corporation (IFC), World Bank Group’s private sector arm.
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Investment is via sustainability-linked non-convertible debentures, tying financing terms to environmental and operational improvement targets.
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Proceeds will fund expansion of DCM Shriram’s downstream chemicals business and capital expenditure for agricultural operations.
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Amit Agarwal, Group CFO, highlighted the investment as a milestone for responsible growth and sustainable value creation.
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IFC's Imad N. Fakhoury noted the alignment with India's Make in India and Atmanirbhar Bharat initiatives.
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