SRF Board Approves ₹250 Crore BOPET Expansion

Date: 22.07.2026

Board Meeting Outcomes

• The Board of Directors at its meeting held on July 22, 2026 approved a capital expenditure proposal for setting up a BOPET Thick Film Line
• Total projected cost: ₹250 Crores
• Mode of financing: Mix of debt and internal accruals

Expansion / Capex Details

• Project: BOPET Thick Film Line
• Proposed capacity addition: 25,000 MTPA
• Implementation timeline: 24 months from the date of Board approval (July 22, 2026)
• Rationale: BOPET thick film is a specialized product with applications in industrial and electronic end use segments. Since it is a new substrate, it does not have the same cycle as commodity thin films, helping better manage cyclicality. Limited domestic capacity in India further reduces volatility.