Coastal Biotech starts ethanol plant trial runs
Coastal Corporation [BSE:501831] announced today that its wholly-owned subsidiary, Coastal Biotech Private Limited, has initiated trial runs at its ethanol production plant located in Maringi Village, Paralakhemundi, Odisha. This development was disclosed in compliance with Regulation 30 and Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company anticipates that commercial production at the plant will begin by the end of April 2025. Coastal Corporation assures stakeholders that this disclosure is made with due diligence and caution, and information is for their records.
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