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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&lt;BR&gt; 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&apos;s distillery capacity to meet the increasing ethanol demand.&lt;BR&gt; &lt;BR&gt; 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.&lt;BR&gt; &lt;BR&gt; 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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