Shri Bajrang Alliance Ltd gets approval for new oil plant at existing facility in Raipur

The Chhattisgarh Environment Conservation Board, vide its letters dated 20.01.2021 has granted its consent to Shri Bajrang Alliance Ltd, to establish Oils and Oleoresin Essential Oils Plant of capacity - 600 Kilo Liters Per Year within existing Agro plant premises at Khasra No. 150, 151/1, 151/4 & 151/5, Urla Guma Road, Village - Borjhara, District - Raipur (C.G.) under Water (Prevention and Control of Pollution) Act, 1974 and Air (Prevention and Control of Pollution) Act 1981. These facilities are presently under commissioning and the Company expects to start Commercial operations in these facilities as quickly as possible after grant of permission to operate.

Currently, the Company is engaged in the business of Iron, Steel and Ready to eat frozen foods. Now the management has decided to diversify its boundary. As a part of the strategy, the Company will soon launch its Supercritical fluid extraction (SCFE) Products.

Shares of SHRI BAJRANG ALLIANCE LTD. was last trading in BSE at Rs.157.55 as compared to the previous close of Rs. 160.75. The total number of shares traded during the day was 1091 in over 31 trades.

The stock hit an intraday high of Rs. 157.55 and intraday low of 157.55. The net turnover during the day was Rs. 171887.

Source : Equity Bulls

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