Gulshan Polyols secures ethanol supply order for ESY 2025-26

Gulshan Polyols Limited (GPL) has secured an allocation to supply 175,652 kiloliters of ethanol to Oil Marketing Companies (OMCs) for the Ethanol Supply Year (ESY) 2025-26. This allocation stems from GPL's participation in a tender floated by OMCs under the Ethanol Blended Petrol Programme (EBPP).

The estimated order value for this ethanol supply is ₹11,84,86,56,380. The entities awarding the orders include Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, and Mangalore Refinery And Petrochemicals Limited.

This is a domestic allocation obtained through quantity bidding. The company confirmed that the promoter or promoter group has no interest in the awarding entities, nor do these transactions fall under related party transactions.