India Glycols Ltd to commission Phase 2 of expansion project by Q2 FY2025

India Glycols Limited has announced an update in connection with the enhancement of capacity of Grain Based Distillery and expansion of facilities/project for New Value-Added Chemical products at Kashipur (Uttarakhand).

The second phase of expansion (100 KLPD) of Grain Based Distillery is in progress and the same is expected to be commissioned by Q2/FY25. Further, expansion of facilities/project for New Value-Added Chemical products has been partially commissioned (production capacity of approx. 5,000 MT/year depending upon the product mix) and the remaining facilities/project is expected to be commissioned by Q2/FY25.

Shares of India Glycols Limited was last trading in BSE at Rs. 756.75 as compared to the previous close of Rs. 756.15. The total number of shares traded during the day was 11826 in over 972 trades.

The stock hit an intraday high of Rs. 771.95 and intraday low of 753.55. The net turnover during the day was Rs. 9013689.00.

Source : Equity Bulls

Keywords

IndiaGlycols INE560A01015 ExpansionProject GrainBasedDistillery Kashipur Uttarakhand