Brief: Globus Spirits Says Disruption in availability of Raw Material at West Bengal and Jharkhand Unit

Globus Spirits

25/07/2023 05:16

July 25 (Reuters) - Globus Spirits Ltd  GLOS.NS :
    * FCI HAS SUSPENDED SUPPLIES OF SURPLUS RICE FOR PURPOSE OF
PRODUCTION OF ETHANOL
    * EXPECT THIS SUPPLY DISRUPTION TO BE TEMPORARY ONE
    * COMPANY IS SHIFTING ITS FEEDSTOCK FROM SURPLUS RICE TO
ALTERNATIVE RAW MATERIALS SUCH HAS BROKEN RICE AND MAIZE
    * DURING THIS CHANGE OVER PROCESS WE EXPECT 7-10 DAYS OF
DISRUPTIONS AT PART OF WB CAPACITY AND OUR JHARKHAND FACILITY
    * HARYANA, RAJASTHAN AND BIHAR FACILITIES REMAIN OPERATIONAL
AS
NORMAL

Source text for Eikon:  ID:nBSE9z6y88 
Further company coverage:  GLOS.NS 

 ((Reuters.Briefs@thomsonreuters.com;))