IFB Agro Industries gets nod for capital expenditure

IFB Agro Industries Ltd. | Breweries & Distilleries | FMCG | BSE: 507438 | NSE: IFBAGRO

01 Feb 2013 Evaluate

IFB Agro Industries has received an approval for capital expenditure for conversion of Molasses Distillery into Multi-feed Distillery at the company’s distillery located at Noorpur, South 24- Parganas district in West Bengal. The board at its meeting held on January 29, 2013 has approved for the same.

IFB Agro Industries is one of the largest producers of alcohol in eastern India, having 6 large captive bottling plants situated in Bengal, Orissa & North East. The company is also engaged in the production of Carbon Dioxide Gas & processing of Marine Products for Export as well as for the Indian market.

Peers

Company Name	CMP
United Spirits	1390.00
United Breweries	1248.95
Radico Khaitan	4438.00
India Glycols	264.00
Allied Blenders&Dist	651.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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