December 4, 2023

Stocks In News :- Bagging Order(BCL Industries)

 




BCL Industries along with its subsidiary company (Svaksha Distillery Limited) had participated in a tender floated by oil marketing companies (OMCs) inviting various molasses and grain-based distilleries for supplying ethanol during ethanol supply year (ESY) commencing from November 1, 2023 to October 31, 2024 at their various locations across the country.


OMCs have allocated BCL Industries to supply a total of Rs 4.96 lakh litres amounting to Rs 339 cr. The company is ordered to supply 2.48 KL ethanol each in the period November 2023 to January 2024 and February 2024 to April 2024.



Svaksha Distillery has been allocated to supply a total of 3.24 lakh litres, amounting to Rs 561 cr. The subsidiary has bagged allocations for 1.44 KL in the period November 2023 to January 2024 and 4.28 KL for February 2024 to April 2024.

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