In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulation’), Alphalogic Techsys has informed that the company has received the In Principle approval from Government of India for Interest Subvention as per the Scheme for the purpose of setting up of new grain-based distillery of 150 KLPD with Zero Liquid Discharge (ZLD) System. Under this scheme the Government of India shall bear interest on loan availed for the project at 50% of rate of interest, upto @ 6% per annum for a period of 5 years, including one year of moratorium period.
The above information is a part of company’s filings submitted to BSE.
