Gulshan Polyols Limited — Important, 19-02-2025: Updates

Gulshan Polyols Limited has received an allocation to supply 21,220 kiloliters of ethanol under the Ethanol Blended Petrol Programme (EBPP) for the Ethanol Supply Year (ESY) 2024-25. This contract, valued at approximately ₹124.14 crore, involves partnerships with major oil marketing companies, including Bharat Petroleum, Indian Oil, and Hindustan Petroleum. The total order value from all allocations amounts to ₹1,253.18 crore. This development is significant for Gulshan Polyols, as it expands their operational footprint in the renewable fuel sector and positions the company to capitalize on the growing demand for ethanol. Investors should view this positive update as a potential growth driver for the company, reinforcing its strategic initiatives in the biofuel market.