Gulshan Polyols has informed that due to current embargo on release of Surplus rice by FCI coupled by the increase in market rate of Damaged Food Grain, Oil Marketing Companies (OMCs) are declaring a relief amount of Rs 4.75 per litre on Ethanol produced from Damaged Food Grain and Rs 6.01 per litre on Ethanol produced from Maize. The said relief amount on Damaged Food Grain shall be applicable for the Balance period of the current ESY on all vendor invoices billed on or after 7th August, 2023.
The above information is a part of company’s filings submitted to BSE.