Alphalogic Techsys Limited completes land acquisition for Ethanol project

Alphalogic Techsys Limited had earlier announced regarding allotment and possession of land to the company viz. plot no. D-7 admeasuring 69,368 sq. m of area in (Tadali) Chandrapur Growth Centre for setting up of Industrial unit for manufacturing of 150 KLPD Ethanol Product, DDGS and other allied products. The company has executed agreement to lease with MIDC (Maharashtra Industrial Development Corporation), Chandrapur (Tadali) Growth Centre, Dist. Chandrapur and the same is registered with Inspector general of Registration, Chandrapur.

Consequent to execution of lease agreement, land acquisition at the aforesaid plot at Chandrapur has been completed.

Shares of Alphalogic Techsys Ltd was last trading in BSE at Rs. 35.60 as compared to the previous close of Rs. 36.20. The total number of shares traded during the day was 6393 in over 59 trades.

The stock hit an intraday high of Rs. 36.80 and intraday low of 34.80. The net turnover during the day was Rs. 225639.00.

Source : Equity Bulls

Keywords

AlphalogicTechsys LandAcquisition EthanolProject LeaseAgreement