Ganesh Benzoplast’s wholly owned subsidiary -- GBL Clean Energy has acquired 26% stake in Bluebrahma Clean Energy Solutions, which is newly incorporated company and in the Business of ethanol and other clean energy Fuels.
With this acquisition, Bluebrahma Clean Energy Solutions is the step-down associate company of Ganesh Benzoplast. As, using ethanol and other alternative bio-fuels is highly promoted by the Government these days and various initiatives are taken by the Government for using environmentally friendly sources of fuel and by this industry, has a huge demand, it will be good investment opportunity.
Ganesh Benzoplast is engaged in the manufacturing and exporting of drug intermediates, pharmaceutical intermediates, bulk drug intermediates, food preservatives, lubricants, API/bulk drug, etc.
