Gulshan Polyols Ltd's 250 KLPD plant located at Goalpara, Assam have received in addition to the eligible benefits under Assam Ethanol Production Promotion Policy, 2021 (AEPPP Policy), A Production Linked Incentive ("PLI") of Rs. 2/Litre of bio-ethanol initially for 3 years, which shall be effective prospectively by "Government of Assam"- Cabinet Meeting held on December 7, 2024.
Additionally, our Company is expected to receive an estimated benefit of ?50 Crore over a period of three years which is over and above the incentives already being availed under the AEPPP Policy.
These incentives are expected to enhance our operational efficiency, support production growth, and contribute positively to the company's overall performance. We sincerely appreciate this support from the Government of Assam, which underscores its commitment to fostering an industry-friendly environment and promoting industrial growth in the state.
Shares of Gulshan Polyols Limited was last trading in BSE at Rs. 175.20 as compared to the previous close of Rs. 178.15. The total number of shares traded during the day was 6897 in over 542 trades.
The stock hit an intraday high of Rs. 179.90 and intraday low of 175.00. The net turnover during the day was Rs. 1221742.00. |
