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HomeRecent NewsEthanolGlobus Spirits Ltd gets order to supply 9.68 crores...

Globus Spirits Ltd gets order to supply 9.68 crores litres of Ethanol to OMCs

Globus Spirits Ltd has announced that it had participated in a tender floated by Oil Marketing Companies (OMCs) vide dated 12th November 2021 inviting various molasses and grain based distilleries for supplying Ethanol for the period commencing from 01st December 2021 till 30th November 2022 at their various locations across the country.

Accordingly, after the closure of the first round of offerings, the company has been allocated as its offered quantity of 9.68 crores litres of Ethanol from the 3 manufacturing units at Bihar, West Bengal and Haryana. The unit located at West Bengal will initiate the supply once commercial production at the enhanced capacity commences.

The per unit rate of Ethanol made from Damaged Food Grains has been fixed at Rs.52.92/- per litre with an increase of 2.65% from previous year, the rate for Ethanol made from Surplus Food Grains remains unchanged.

Shares of Globus Spirits Limited was last trading in BSE at Rs. 1084.00 as compared to the previous close of Rs. 1090.90. The total number of shares traded during the day was 20692 in over 2155 trades.

The stock hit an intraday high of Rs. 1131.15 and intraday low of 1060.50. The net turnover during the day was Rs. 22440589.00.

The above news was originally posted on www.equitybulls.com

Aabkari Times Editorial Teamhttps://aabkaritimes.com
Aabkari Times is a monthly news magazine on Liquor, Excise and Alcohol allied industry; being published since 2009 by the expertise of retired excise dept. associates and alco-bev industry professionals as our editorial team. Our magazine contains different new alco-bev strategic and new brand launch articles as well as news on recent govt. policies, trends on alcohol industry and other important data relevant to the distilleries and industry at the mass.

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