Dollex Agrotech Limited — Important, 13-05-2025: General Updates

Dollex Agrotech has announced a board meeting to review the financial results for the quarter and half-year. It plans a rights issue of up to 1.49 Cr shares at ₹33 each, raising around ₹49.44 Cr to fund a 60 KLPD ethanol project, supported partly by an IRDEA loan of ₹86.68 Cr. Promoters will fully subscribe to their entitlements and any remaining shares. The company focuses on sugar manufacturing with captive power and is expanding its ethanol capacity in line with India’s biofuel push.