Pasupati Acrylon Limited has informed the Exchange regarding 'Receipt of allocation for supply of Ethanol for Q3 of Ethanol Supply Year 2024-25'.
PASUPTAC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Pasupati Acrylon has been allocated 9,798 kilolitres of ethanol for supply in Q3 (May–July 2025) of the Ethanol Supply Year 2024-25 under the government-mandated Ethanol Blended Petrol Programme (EBPP). The ethanol is to be produced from damaged food grains, surplus FCI rice, and maize, and will be supplied to public-sector oil marketing companies BPCL, IOCL, and HPCL. The estimated value of this quarterly allocation is around Rs. 63 crore. This follows a previous allocation letter from March 2025, indicating the company is a regular participant in the EBPP scheme.
This is a recurring supply allocation rather than a new one-off contract, but it confirms continued order flow from OMCs and provides near-term revenue visibility. For shareholders, it signals stable offtake for the company's ethanol segment under a government-backed programme, though pricing and margin trends across ESY quarters will be the key driver of stock reaction.