Business Update27 Nov 2023, 07:34 pm
Kanoria Energy & Infrastructure Ltd to invest up to Rs. 300 cr in grain-based ethanol plant
AI Summary
The company has informed BSE that it will consider and approve the investment of up to Rs. 300 cr for setting up a 250 KLPD grain-based fuel ethanol plant in Madhya Pradesh, subject to shareholder approval. The company will also hold an EGM to seek shareholder approval for the investment.,
Key Highlights
- Investment of up to Rs. 300 cr in grain-based ethanol plant
- Setting up of 250 KLPD grain-based fuel ethanol plant in Madhya Pradesh
- Subject to shareholder approval
- EGM to seek shareholder approval