Ganesh Benzoplast has informed that Ganesh Benzoplast (GBL) Allotted Additional Land for 25 years at Jawaharlal Nehru Port Trust (JNPT). The land, admeasuring 4.5 hectares (45,090 square meters), has been leased out to GBL from 2022 to 2047 and the Company has signed a lease deed on July 04, 2022 with the JNPT for the said plot of Land. GBL intends to build storage tanks at the site for the handling and storage of liquid cargo - edible oil, acetone, acetic acid, ammonia, propane etc. and with the addition of new capacity there will be substantial increase in the LST revenue and profit of the Company.
The above information is a part of company’s filings submitted to BSE.