Investment in Advanced Biodiesel by acquiring/ subscribing up to 15% of paid up share capital for an amount not exceeding Rs 3.75 crore. Investment by the Company in ABL will be made in a phased manner and will be completed in a period of 18 months.

Investment by way of subscription / purchase of share of Palm Techno Ventures Enzyme Sdn Bhd, Malaysia up to RM 200,000 (for up to 80% of the paid up capital of PTVE). The said investment is expected to be completed by end of June 2017. Upon such investment PTVE shall become subsidiary of the Company.