Gokul Agro Resources Ltd to set up new refinery unit

The Board of Directors of Gokul Agro Resources Ltd at its meeting held today, has considered, expansion of the Company by setting up of a Refinery Unit at Survey No. 929, 929A & 929B, EPURU BIT-1, Doruvulapalem Panchayati, West Naguladoruvu, Muthukuru Mandal SPSR Nellore, Dist. Andhra Pradesh) at Krishnapatnam, Andhra Pradesh.

Land acquired - Rs. 5,00,00,000/-

Proposed Investment - Plant & Machinery - Rs.1,75,00,00,000/- and Building - Rs. 25,00,00,000/-

Proposed Capacity Utilization - 1400 TPD

Expected Date of Commencement of Operations (Tentative) - 01-12-2022

Shares of Gokul Agro Resources Limited was last trading in BSE at Rs. 76.35 as compared to the previous close of Rs. 72.75. The total number of shares traded during the day was 11410 in over 119 trades.

The stock hit an intraday high of Rs. 76.35 and intraday low of 72.05. The net turnover during the day was Rs. 858769.00.

Source : Equity Bulls

Keywords

GokulAgroResources INE314T01025 GOKULAGRO EdibleOils ExpansionProject NewRefineryUnit