Gulshan Polyols has informed that in view of the current embargo on release of Surplus Rice by FCI coupled by the increase in market rate of Damaged Food Grain and Maize, Oil Marketing Companies (OMCs) are declaring additional incentive amount of Rs 3.71 per litre on Ethanol produced from Damaged Food Grain and Ethanol produced from Maize with immediate effect. Hence, total incentive amount on Damaged Food Grain and Maize will be Rs 8.46/L and Rs 9.72/L respectively including interim incentive amount given with effective from August 07, 2023 for balance period of ESY 22-23.
The above information is a part of company’s filings submitted to BSE.
