Gulshan Polyols Ltd updates on new project in Assam

Gulshan Polyols Ltd had approached the 'Department of Food and Public Distribution' (DFPD) under the modified scheme for extending financial assistance to project proponents for enhancement of their ethanol distillation capacity or to set up distilleries for producing 1st Generation (1G) ethanol from feed stocks such as cereals (rice, wheat, barley, corn & sorghum), sugarcane, sugar beet etc. notified on 22.04.2022 in the form of interest subvention and for which Company has received In-Principle Approval from the 'Government of India' for 'grant of interest subvention' under aforesaid scheme for maximum loan amount of INR 1700 Million / INR 170 Crores (Rupees One Hundred Seventy Crores Only) for setting up of new Grain Based Distillery of 250 KLPD with Zero Liquid Discharge (ZLD) System for Assam Unit, located at land in Industrial Growth Centre, Matia, District Goalpara, Assam.

Shares of Gulshan Polyols Limited was last trading in BSE at Rs. 251.30 as compared to the previous close of Rs. 245.85. The total number of shares traded during the day was 6079 in over 247 trades.

The stock hit an intraday high of Rs. 253.50 and intraday low of 241.50. The net turnover during the day was Rs. 1513694.00.

Source : Equity Bulls

Keywords

GulshanPolyols INE255D01024 ExpansionProject Assam GrainBasedDistillery ZeroLiquidDischarge