Capital Expansion of Ethanol Plant.
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Shri Bajrang Alliance Ltd has informed BSE that its associate entity, Shri Bajrang Chemical Distillery LLP, is planning a capital expansion of its Ethanol Plant located in Arang, Raipur (Chhattisgarh). The Chhattisgarh Environment Conservation Board has granted consent to operate a Multigrain Distillery with a capacity of 160 KLPD (kilolitres per day) for ethanol production. The consents were issued under the Water Pollution and Air Pollution Acts, valid for one year from commissioning or until 30 November 2026. The company described the expansion as a step towards sustainable growth and renewable energy, supporting rural economies and environmental conservation.
This expansion signals the group's push into the ethanol and clean energy space, which could drive future revenue growth from the associate entity. However, the expansion is at the LLP level (associate company) rather than the listed entity, so direct financial impact on Shri Bajrang Alliance's earnings may be limited unless there is a future consolidation or profit-sharing arrangement. Shareholders should watch for further updates on commissioning timelines and capital cost details.