Rajputana Biodiesel Limited — Updates, 16-03-2025: Press Release

Rajputana Biodiesel Limited has provided a notable update regarding the recent biodiesel procurement tenders initiated by Oil Marketing Companies (OMCs). The new tender has officially commenced, presenting significant opportunities for the company and its subsidiary, Nirvaanraj Energy Private Limited. Bids for this tender must be submitted by March 20, 2025, with supply expected to begin in the first week of April 2025. This move aligns with Rajputana's growth strategy aimed at increasing revenue from government-backed procurement programs. Management anticipates healthy year-on-year revenue growth for FY 2025, bolstered by the upcoming bidding process. Investors are encouraged to watch closely as the company navigates this tender, which could enhance its market presence and financial performance.