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Globus Spirits have replied to the clarification sought by the Exchange regarding the commencement of commercial production at the enha
Globus Spirits is an India-based alcoholic beverages company.
The insurance amount claimed and realized by the listed entity for the loss/damage is Rs3.74cr.
The unit located in West Bengal will initiate the supply once commercial production at the enhanced capacity commences.
The company has received the certified true copy of the order and it will be given effect in due course of time.
The expected quantum of damage is Rs209 lakhs, adequately covered by insurance, the company said.
In another bulk deal, Madhusudan Kela sold 4.31 lakh shares of International Conveyors at Rs61.2 apiece on the BSE.
The companys net profit of rose 161.45% to Rs18.72cr in the quarter ended June 2020 as against Rs7.16cr during the previous quarter end
The hike in licence fee though may lead to an increase in prices with effect from April 01, 2020, the media reports said.
Kerala Finance Minister Thomas Isaac in his fiscal budget for the year 2019-2020 presented on Thursday hiked the tax on alcohol, includ
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