Venkys (India) commences Rs50cr commercial production in Maharashtra

Along with the first two plants, the total capacity will be 5,40,000 MT per annum.

Apr 01, 2021 02:04 IST India Infoline News Service

Venkys (India)
Venkys (India) Ltd has informed that the 3rd Solvent Extraction and Vegetable Oil Refinery project at Shrirampur, Maharashtra has been completed.

The Company confirmed that the trial run has been successfully taken and the Company has now started commercial production of the unit.

Total cost of the project is approx Rs50cr with a capacity of 1,80,000 MT per annum.

Along with the first two plants, the total capacity will be 5,40,000 MT per annum.

Venkys (India) was trading at Rs1,569.65 per piece up by Rs15.05 or 0.97% from its previous closing of Rs1,554.60 per piece on the BSE, at around 3:00 PM.

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