Gulshan Polyols : Communication to shareholders as per Reg 30
November 01, 2022 at 08:20 am
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Gulshan Polyols Limited
CIN: L24231UP2000PLC034918
Corporate Office: G-81, Preet Vihar,
Delhi-110092, India
Phone : +91 11 49999200
Fax : +91 11 49999202
E-mail : cs@gulshanindia.com
Website: www.gulshanindia.com
GPLSEC2022-23
November 1, 2022
To,
BSE Limited
The National Stock Exchange of India Ltd.
Corporate Service Department,
Exchange Plaza, Plot No. C/1,
1st Floor, P. J. Towers,
'G' block, Bandra Kurla Complex,
Dalal Street, Mumbai
Bandra (E), Mumbai
Maharashtra- 400 001
Maharashtra-400 051
Scrip Code: 532457
Symbol: GULPOLY
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Maám,
In furtherance to our earlier intimations dated November 10, 2021 and March 4, 2022 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and any other applicable provisions of the said Regulations, we wish to inform that, the Company had approached the 'Department of Food and Public Distribution' (DFPD) under the modified scheme for extending financial assistance to project proponents for enhancement of their ethanol distillation capacity or to set up distilleries for producing 1st Generation (1G) ethanol from feed stocks such as cereals (rice, wheat, barley, corn & sorghum), sugarcane, sugar beet etc. notified on 22.04.2022 in the form of interest subvention and for which Company has received In-Principle Approval from the 'Government of India' for 'grant of interest subvention'under aforesaid scheme for maximum loan amount of INR 1700 Million / INR 170 Crores (Rupees One Hundred Seventy Crores Only) for setting up of new Grain Based Distillery of 250 KLPD with Zero Liquid Discharge (ZLD) System for Assam Unit, located at land in Industrial Growth Centre, Matia, District Goalpara, Assam.
The aforesaid disclosure is being done under abundant caution and compliance.
Gulshan Polyols Ltd. published this content on 01 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2022 12:19:01 UTC.
Gulshan Polyols Limited (GPL) is an India-based multi-product manufacturing company that is focused on manufacturing fructose, sorbitol and various industrial chemicals. The Companyâs business portfolio covers starch, starch sugars, calcium carbonate, alcohol and ethanol business, agro based animal feed and on-site precipitated calcium carbonate plants. The starch sugar product offers sorbitol 70% solution, dextrose monohydrate, mato dextrine powder, brown rice syrup, rice syrup solid, liquid glucose and organic sweetener. The calcium carbonate product offers activated calcium carbonate, precipitated calcium carbonate and ground calcium carbonate. The animal nutrition product offers corn/maize gluten feed, corn germ, cattle feed/enriched fiber, rice protein/gluten and corn steep liquor. GPL is providing a solution to a range of industries and niche markets in the core sector, including toothpaste, alcohol, sweeteners, paints, paper, medicines, plastics and personal care.