Corporate News 05-Jun-21
Board of Zuari Global approves signing of MoU with SolvaKian company
At meeting held on 04 June 2021
The Board of Zuari Global at its meeting held on 04 June 2021 has approved to enter into a Memorandum of Understanding between the company and AZC, A.S., a SolvaKian company to co-operate with each other and intend to enter into joint venture to develop and operate a distillery to produce ethanol in India. This ethanol will be supplied to Government owned oil marketing companies to meet their blending requirements. The MoU is also explore within India the opportunity to grow the business to achieve a total capacity of 1,000 kilo litres per day of ethanol more through both organic and inorganic way.
Previous News
Zuari Industries reports consolidated net loss of Rs 44.44 crore in the September 2022 quarter
( Results - Announcements 15-Nov-22 08:39 )
Zuari Global reports consolidated net loss of Rs 18.17 crore in the December 2020 quarter
( Results - Announcements 14-Feb-21 10:40 )
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( Results - Announcements 09-Feb-19 17:03 )
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Zuari Industries consolidated net profit rises 183.64% in the March 2023 quarter
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