Nexxus Petro Industries Limited has intimated to the Stock Exchange regarding Announcement under Regulation 30 (LODR) Regulations, 2015 for Press Release titled "Nexxus Petro Indutries ....
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Nexxus Petro Industries submitted a press release announcing it holds a CSIR-CRRI & CSIR-IIP certified license for its proprietary bio-bitumen technology called KrishiBind™. The company is among only 15 firms nationwide with such a license, positioning it to benefit from India's push to reduce bitumen imports, which currently cover 54% of domestic demand. Bitumen prices have surged roughly 40% due to the West Asia conflict, with domestic prices rising from ~₹40,000 to ₹54,000–₹76,000 per tonne. Union Minister Nitin Gadkari outlined a blending strategy (30% bio-bitumen, 16% rubber powder, 7% waste plastic) that could eliminate import dependency. The company is a Gujarat-based bitumen manufacturer and processor listed on BSE-SME.
The announcement highlights a potential market opportunity but contains no confirmed revenue, orders, or commercial contracts — it is a technology positioning statement. The stock may react positively if investors view the licensed technology as a near-term earnings catalyst, but no concrete financial upside has been disclosed.