Gulshan Polyols Limited | ||
CIN: L24231UP2000PLC034918 | ||
Corporate Office: G-81, Preet Vihar, | ||
Delhi-110092, India | ||
Phone : +91 11 49999200 | ||
Fax : +91 11 49999202 | ||
E-mail : cs@gulshanindia.com | ||
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.: 9th 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 : cs@gulshanindia.com
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.: 9th K.M., Jansath Road, Muzaffarnagar, (U.P.) 251001, Ph.: (0131)32958800, Fax: (0131) 2661378