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EXTRA NEUTRAL ALCOHOL
Sebi approves IPOs of Bombay Coated, Bonfiglioli Transmissions and Swaraj Green PowerSebi has approved IPO proposals of Bombay Coated and Special Steels, Bonfiglioli Transmissions and Swaraj Green Power and Fuel. The approva...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThere are market phases when one risk dominates. Then there are phases like this, when risks arrive from every direction and refuse to stan...
Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
Lok Sabha passes Manipur Appropriation Bill, 2025 & Manipur Goods and Services Tax (Amendment) Bill, 2025The Lok Sabha approved the Manipur Appropriation Bill, 2025. This happened despite opposition members' sloganeering regarding Bihar elector...
Budget 2024 impact: Will liquor prices fall as Extra Neutral Alcohol to be out of GST's purview?Budget 2024: Section 9 is being amended to take Extra Neutral Alcohol used in manufacture of alcoholic liquor for human consumption out of ...
GST Council decision on ENA to bring stability in industry: CIABC"The GST Council's decision is a big relief to the industry, it will bring stability and settle nerves all over," Vinod Giri, Director Gene...
GST Council cedes right to levy tax on distilled alcohol to statesFinance Minister Nirmala Sitharaman said that Allahabad High Court had ruled that states have no power to impose tax on Extra Neutral Alcoh...
GST Council to mull exempting distilled alcohol used to make liquor from taxHigh distilled or extra neutral alcohol contains 95% alcohol by volume and is used for producing liquor and for industrial purposes.
United Spirits seeks single pricing policy linked to inflationThe maker of Johnnie Walker and McDowell’s said it is seeing inflationary pressure, especially on ENA driven by the geopolitical impact on ...
Headwinds expected in ENA prices as govt routes ethanol to oil cos for blending with petrol: Radico KhaitanHowever, Radico Khaitan - maker of 8PM Whisky, Magic Moments Vodka, Rampur Single Malt Whisky and Jaisalmer Gin - said it is largely self-d...
GST Council decides extra-neutral alcohol taxation to stay with statesCurrently, alcohol for human consumption or potable alcohol is out of the ambit of GST and states are free to levy taxes on them. However, ...
Odisha allows home delivery of Out Still liquor, ENA-based country liquor"The state government has allowed home delivery of Out Still (OS) liquor and ENA (Extra Neutral Alcohol) based country liquor across the st...
Government of India has asked liquor manufacturers to make alcohol available for sanitiserWorld over in corona affected countries, some distilleries, including Shane Warne’s have stopped manufacturing liquor and started making ha...
Alcohol manufacturers plead NITI Aayog for import duty exemption on ENAThe alcohol manufacturers have pleaded that there is a massive shortage in domestic supplies of ENA following diversion of ethyl alcohol fo...
Praj Industries bags order to build ethanol plant in UgandaIn a filing to the BSE, the company said the plant will produce ethanol and premium grade extra neutral alcohol (beverage alcohol).
Empee Distilleries: Capacity utilisation to improve due to United Spirits tie-upIts market capitalisation shrank by 56% from a peak in January this year. The stock fell from a 52-week high of Rs 94 to Rs 40.9 at the Tue...
Diageo portfolio integration to make USL more powerful: Vijay Mallya"USL has embarked upon premiumisation policy with focus on premium brands where we achieved strong double-digit growth that will mitigate."
- Simbhaoli to transfer potable alcohol biz to a separate arm
In March, the company had decided to hive off potable alcohol and power businesses into separate entities to focus on by-product businesses.
- 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...
- Globus Spirits to enter market
Delhi-based alcohol beverage company, Globus Spirits Ltd proposes to enter the capital market with an initial offer of Rs 68 crore through ...