Alphalogic Techsys Ltd - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, this is to inform that a Memorandum of Understanding (MoU) has been signed between Alphalogic Techsys Limited and District Administration, Chandrapur in the state of Maharashtra to facilitate the establishment and operationalize industrial activities. Company will establish Grain based Bio-Ethanol Plant with a proposed investment of Rs. 160.35 crores. The project is expected to generate employment for 200 peoples and would be located in Tadali Growth Centre in the district of Chandrapur, Maharashtra.