Capex programme altered until demand outlook improves The company announced capex of around | 2400 crore last year to increase capacity for soda ash, soda bicarbonate, cement and salt by FY22-23E. It was about to spend | 900 crore this fiscal, part of the announced capex, which is expected to reduce due to demand challenges post Covid-19. The company would announce the altered capex schedule post Q1FY21E. Revise our rating from REDUCE to...