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KPR Mill informs about board meeting

25 Feb 2019 Evaluate

KPR Mill has informed that the Company is setting up Ethanol plant at Sugar Factory in Karnataka with a capacity of 90 KLPD. The Project cost is Rs 120 Crores. Production is expected to commence from next season. This will increase the value addition and reduce the volatility in the sugar business. The Bank finance towards the Project is eligible for 50% interest subsidy announced recently by the Central Government.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Vardhman Textiles 503.25
Welspun Living 213.70
Arvind 484.65
Raymond Lifestyle 531.35
K.P.R. Mill 1023.20
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