FilingReader Intelligence

Gulshan Polyols secures fiscal assistance and ethanol supply contracts

October 21, 2025 at 07:02 PM UTCBy FilingReader AI

Gulshan Polyols Limited announced on October 21, 2025, the receipt of Production Linked Fiscal Assistance (PLFA) amounting to INR 5.3754 Cr. for the financial year 2023-24. This assistance was granted by the MP Industrial Development Corporation Limited (MPIDC) under the MP Investment Promotion Assistance Scheme, 2014 – Suvidha / Sahayata.

In a related development, Gulshan Polyols also confirmed its successful participation in the Ethanol Blended Petrol Programme (EBPP). The company was allocated a quantity of 175,652 kiloliters of ethanol for supply during the Ethanol Supply Year (ESY) 2025-26. This allocation stems from a tender floated by various Oil Marketing Companies (OMCs) including Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, and Mangalore Refinery And Petrochemicals Limited.

The estimated order value for this domestic ethanol supply is INR 11,84,86,56,380/-. Both announcements underscore the company's operational growth and financial backing through government schemes and supply contracts.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:GULPOLYBombay Stock Exchange

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