Announced Sat, 25 Jul · 12:10 IST
Suraj Industries' subsidiary Carya gets CTO for 125 KLPD distillery
Price
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Price reaction · full curve 14 horizons · vs prior close
+5.2%1-day move
₹54.65
prior close
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base price
After-mkt
timing
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AI summary
Suraj Industries' material subsidiary Carya Chemicals and Fertilizers has received Consent to Operate from the Rajasthan State Pollution Control Board for its 125 KL per day grain-based distillery unit at RIICO Industrial Area, Baran, Rajasthan. The unit will manufacture Extra Neutral Alcohol. Commissioning is at an advanced stage and trial runs are expected to begin within 4 to 6 weeks.
Likely market impact
CTO de-risks Carya's new distillery project; trial runs in 4-6 weeks clear the path for future ENA revenue at Suraj Industries.