Gujarat Ambuja Exports Ltd inks MOU with the Government of Gujarat for expansion

Gujarat Ambuja Exports Ltd has entered into a Memorandum of Understanding ("MOU") with the Government of Gujarat for expansion of derivative capacity at 900 TPD Greenfield Corn Wet-Milling Plant at Himmatnagar, Gujarat on 09th October, 2025. The cost of the project would be around Rs. 100 crores, which would be financed via internal accruals.

The MOU is subject to the necessary approvals and clearances from the concerned authorities.

Shares of Gujarat Ambuja Exports Limited was last trading in BSE at Rs. 103.90 as compared to the previous close of Rs. 105.10. The total number of shares traded during the day was 22716 in over 487 trades.

The stock hit an intraday high of Rs. 105.40 and intraday low of 103.50. The net turnover during the day was Rs. 2366273.00.

Source : Equity Bulls

Keywords

GujaratAmbujaExports INE036B01030 MOU GovtofGujarat