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DISTILLERY CAPACITY INCREASE
Piccadily Agro Q4 Results: Profit rises 14% to Rs 45 cr; FY26 revenue crosses Rs 1,110 cr markets stocks earningsPiccadily Agro Industries Ltd, maker of single malt whisky Indri and Camikara Rum, has reported a 13.6 per cent increase in its net profit ...
Allied Blenders to acquire assets of NICOL's non-operational unit in UPAllied Blenders and Distillers has approved the acquisition of a non-operational distillery and bottling facility in Moradabad, Uttar Prade...
Piccadily Agro to invest Rs 1,000 cr to expand capacity, open distillery in ScotlandPiccadily Agro, the company behind Indri Single Malt Whisky and Camikara Rum, revealed a significant investment plan of Rs 1,000 crore. Thi...
Capacity expansion of its existing plants: TriveniTriveni is planning a capacity expansion of its sugar unit at Sabitgarh using INR85 crore of capex. The funds will add 2,000 tonnes of cane...
Triveni Engineering to ramp up spirit output by 210 million litresSugar and engineering major Triveni Engineering & Industries (TEIL) aims to add 200-210 million litres of spirit production to its capacity...
Govt opens 6-month window for sugar mills to submit ethanol proposalsThe government is implementing a scheme since 2018 to offer soft loans to sugar mills and distilleries with an aim to increase ethanol outp...
Triveni Engineering's new distillery unit in UP starts production"The new distillery will increase TEIL's production capacity from the current 320 kilo litre per day (KLPD) to 480 KLPD. This expansion of ...
DCM Shriram to invest over Rs 350 cr on expansion of sugar businessDCM Shriram Sugar factories are located in Ajbapur, Rupapur, Hariawan, and Loni in Uttar Pradesh, with a combined installed capacity of 38,...
Triveni Engineering bets big on ethanol blending, to invest Rs 350 crore to increase distillation capacityWith the investment, the company will set up two new distilleries and increase the capacity at its existing two distilleries, eventually ra...
Govt mulls extending soft loans to grain-based distilleries for raising ethanol production capacityAs part of an incentive scheme announced in June 2018, the Centre had approved soft loans for sugar mills to set up new distilleries or upg...
Balrampur Chini gets green nod for Rs 72-cr expansion projectThe company is expanding the distillery capacity as the demand for ethanol has been continually increasing on account of the growth of user...
Animal feed industry cross-subsidises grain-based alcoholAs the oil companies have raised use of ethanol for blending with petrol, prices of molasses-based ethanol have risen from about Rs 27/litr...
- United Spirits gains control of Sovereign Distilleries
Vijay Mallya-led United Spirits has increased its stake in Sovereign Distilleries, giving it direct control over the Karnataka-based compan...
- USL buys 41.54 pc stake in Sovereign Distilleries
Liquor manufacturer United Spirits Ltd said it has acquired 41.54 per cent stake in Karnataka-based Sovereign Distilleries for an undisclos...
- Tilaknagar Industries takes QIP route to raise Rs135 cr
Maharashtra-based Tilaknagar Industries, the spirit company with sales of over Rs1,000 crore, has raised Rs135 crore through qualified inst...
- CARE assigns A- to bank loan ratings for Empee Distilleries
CARE has assigned a 'CARE A-' rating to the long-term bank facilities of Empee Distilleries Ltd aggregating Rs 52.48 crore.
- India Glycols to invest over Rs 300 cr on capex
Leading alcohol producer, India Glycol will invest over Rs 300 crore in this fiscal to raise its capacity in line with its plan to clock a ...