Shri Venkatesh Refineries has received approval for proposal to increase oil refining capacity by 200 TPD at Erandol, Jalgaon. Investment required for said oil refining capacity is Rs 40 crore. The proposed capacity is to be added in FY 2024-25.
The Board of Directors of the Company at its meeting held on August 20, 2024, has approved the same.
Shri Venkatesh Refineries is primarily engaged in the business of refining and preservation of Edible oils mainly soyabean oil and cotton seed oil.