Business Update12 Nov 2026, 09:21 pm
Modi Naturals Subsidiary Bags ₹495 Cr Ethanol Supply Orders
AI Summary
Modi Naturals Limited, through its wholly owned subsidiary Modi Biotech Private Limited (MBPL), has secured ethanol supply orders from various Oil Marketing Companies (OMCs). The orders aggregate to approximately 7.82 Crore Litres of Ethanol, with an estimated value of ₹495 crore. These supplies are scheduled for execution during the Ethanol Supply Year (ESY) 2026-27, spanning from November 2026 to October 2027. The company also anticipates additional revenue from the sale of by-products generated during the manufacturing process.
Key Highlights
- Subsidiary MBPL received ethanol supply orders from OMCs.
- Total order value estimated at ₹495 crore.
- Supply volume is approximately 7.82 crore Litres of Ethanol.
- Execution period is ESY 2026-27 (Nov 2026 - Oct 2027).
- By-products will generate additional revenue.
Price Impact
More from MODINATUR