Gulshan Polyols : Awarding orders/contract

About this update from Gulshan Polyols Limited

Gulshan Polyols Limited CIN: L24231UP2000PLC034918 Corporate Office: G-81, Preet Vihar, Delhi-110092, India Phone : +91 11 49999200 Fax : +91 11 49999202 E-mail : [email protected] Website: www.gulshanindia.com GPLSEC2022-23 December 14, 2022 To, BSE Limited The National Stock Exchange of India Ltd. Corporate Service Department, Exchange Plaza, Plot No. C/1, 1st Floor, P. J. Towers, 'G' block, Bandra Kurla Complex, Dalal Street, Mumbai Bandra (E), Mumbai Maharashtra- 400 001 Maharashtra-400 051 Scrip Code: 532457 Symbol: GULPOLY Subject: Intimation regarding receipts of order for Supply of Ethanol to OMC's and Nayara Energy Limited Dear Sir/Maám, In terms of Regulation 30 and Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 and any other applicable provisions of the said Regulations, this is to inform you that the Gulshan Polyols Limited ("the Company") had participated in a tender floated by Oil Marketing Companies (OMCs) inviting various molasses and grain based distilleries for supplying Ethanol till 31/10/2023 at their various locations across the country. After the closure of the Second round of offerings, Gulshan Polyols Limited has been allocated quantity, 22209.2 Kilolitres of Ethanol, from its manufacturing unit at existing 60KLPD Boregaon Plant with an order value of INR 1,37,18,40,356 to be supplied to the Oil Marketing Companies (OMCs). Further, the Company has also bagged an order to supply quantity, 9300 Kilolitres of Ethanol, from upcoming 500 KLPD Ethanol plant at Boregaon (supply tentatively will starts from April 2023 onwards), to Nayara Energy Limited with an order value of INR 54,40,50,000. The details as per the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 given herein below: S. No Particulars Oil Marketing Companies Nayara Energy Limited 1 Name of the entity awarding the Bharat Petroleum Corporation Nayara Energy Limited order(s)/contract(s) Limited (BPCL), Indian Oil Corporation Limited (IOCL) and Hindustan Petroleum Regd. Off.: 9 th K.M., Jansath Road, Muzaffarnagar, (U.P.) 251001, Ph.: (0131)32958800, Fax: (0131) 2661378 Gulshan Polyols Limited CIN: L24231UP2000PLC034918 Corporate Office: G-81, Preet Vihar, Delhi-110092, India Phone : +91 11 49999200 Fax : +91 11 49999202 E-mail : [email protected] Website: www.gulshanindia.com Corporation Limited (HPCL) (hereinafter called as PSU Oil Marketing Companies or OMCs). 2 Significant terms and conditions The Gulshan Polyols Limited The Gulshan Polyols of order(s)/contract(s) awarded in has executed contract to Limited has executed brief supply quantity, 22209.2 contract to supply quantity, Kilolitres of Ethanol, from its 9300 Kilolitres of Ethanol, manufacturing unit at existing from upcoming 500 KLPD 60KLPD Boregaon Plant with Ethanol plant at Boregaon an order value of INR (supply tentatively will starts 1,37,18,40,356. from April 2023 onwards), with an order value of INR 54,40,50,000. 3 Whether order(s) / contract(s) Domestic Domestic have been awarded by domestic/ international entity 4 Nature of order(s) / contract(s) Yearly Contract Yearly Contract 5 Whether domestic or international Domestic Domestic Time period by which the Supply of Ethanol till Supply of Ethanol till order(s)/contract(s) is to be 31/10/2023 31/10/2023 executed 7 Broad consideration or size of the Quantity of 22209.2 Kilolitres Quantity of 9300 Kilolitres order(s)/contract(s) of Ethanol of Ethanol 8 Whether the promoter/ promoter No No group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof 9. Whether the order(s)/contract(s) Not Applicable Not Applicable would fall within related party transactions? If yes, whether the same is done at "arms length" This is for your information and records. Thanking you, Yours faithfully For Gulshan Polyols Limited (Asha Mittal) Company Secretary Regd. Off.: 9 th K.M., Jansath Road, Muzaffarnagar, (U.P.) 251001, Ph.: (0131)32958800, Fax: (0131) 2661378

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