Dalmia Bharat Sugar and Industries Ltd - Announcement under Regulation 30 (LODR)-Meeting Updates
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| 09 Nov 2020 | |
| The Board of Directors of the Company has, at its meeting held today, i.e., Monday, November 09, 2020, inter-alia considered and given in-principal approval to the expansion<BR> of Sugar and Distillery Capacities. The Government of India in the recent past has given a lot of impetus on ethanol blending programme and accordingly the Company plans to increase it's distillery capacity to meet the increasing ethanol demand.<BR> <BR> The overall cane crushing capacity is planned to be increased approximately by 5000 TCD and distillery production is planned to be increased around 15 Crore Litres from currently 8 Crore Litres over a period of next 2-3 years.<BR> <BR> The capital expenditure for the abovementioned expansion is estimated to be Rs. 412 Crore which will be financed partly by way of internal accruals and partly through debt. | |
| View all announcements for Dalmia Bharat Sugar and Industries Ltd | Source: BSE India |
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