Expansion16 Jul 2026, 01:34 pm
Yashhtej Industries Expansion Project Granted 'Large Scale Project' Status
AI Summary
Yashhtej Industries (India) Ltd has received a letter from the Government of Maharashtra granting 'Large Scale Project' status to its proposed soybean oil expansion project in Latur. The project involves an investment of ₹175 crore and aims to produce 60,000 MT of soybean oil annually, creating 65 jobs. The company is eligible for incentives including 100% stamp duty exemption and Industrial Promotion Subsidy (IPS) or SGST benefits, subject to terms and conditions. This development is expected to positively impact the company's long-term performance.
Key Highlights
- Expansion project for soybean oil production granted 'Large Scale Project' status.
- Proposed investment of ₹175 crore for 60,000 MT annual capacity.
- Eligible for 100% stamp duty exemption and IPS/SGST benefits.
- Project expected to create 65 new employment opportunities.
- Anticipated positive contribution to long-term operational and financial performance.
Price Impact
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