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Diligent Industries informs about allotment of oil palm mandals

04 Apr 2026 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III thereto, Diligent Industries has informed that the Company has been allotted 9 mandals by the Government of Andhra Pradesh under the Oil Palm Development Programme pursuant to the National Mission on Edible Oils – Oil Palm (NMEO-OP). The said allotment has been made vide G.O. Ms. No. 16 dated April 2, 2026 issued by the Agriculture & Cooperation (H&S) Department. Out of the total allotment of 32 mandals across five districts, the Company has been allocated 3 mandals in Guntur District (Tadikonda, Medikonduru and Prathipadu) and 6 mandals in Palnadu District (Narasaraopet, Rompicharla, Atchampet, Krosuru, Nekarikallu and Pedakurapadu). This allotment is expected to significantly strengthen the Company’s backward integration in oil palm cultivation, enhance long-term raw material security, and expand its operational footprint in the edible oil segment. Leveraging this strategic allocation, the allotment positions the Company to establish an integrated processing facility over time, which is expected to support scale expansion, improve operational efficiencies, and contribute to future growth.

The above information is a part of company’s filings submitted to BSE.

Diligent Industries Share Price

2.53 0.05 (2.02%)
15-Apr-2026 16:59 View Price Chart
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