In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Globus Spirits has informed that FCI has suspended supplies of Surplus Rice for the purpose of production of ethanol. The company expect this supply disruption to be temporary one. During the period, the company is shifting its feedstock from Surplus Rice to alternative raw materials such has broken rice and maize. These raw materials can be used for production of ENA and Ethanol. During this change over process, the company expect 7-10 days of disruptions at part of WB capacity and its Jharkhand facility. In this period the alternative raw material supplies are expected to be begin. Its Haryana, Rajasthan and Bihar facilities remain operational as normal.
The above information is a part of company’s filings submitted to BSE.
