Date: 09th September, 2026

Board Meeting Outcomes

  • Proposal to setup an 850 TPD (Tons Per Day) Greenfield Corn Wet Milling Plant at Hubli, Karnataka
  • Subject to necessary regulatory approvals and clearances
  • Investment Required: ₹333.00 Crores
  • Mode of Financing: Internal Accruals
  • Proposed commissioning timeline: Q4 of FY 2029

Operational / Strategic Disclosures

Project Details:

  • Type: Greenfield Corn Wet Milling Plant
  • Location: Hubli, Karnataka (adjacent to company's existing 750 TPD Corn Wet Milling Plant)
  • Capacity: 850 TPD
  • Product manufacturing capacity breakdown:
  • 400 TPD of Corn Starch
  • 150 TPD of Sweeteners
  • 300 TPD of Feed Ingredients

Capacity Impact Post-Expansion:

  • Total Manufacturing capacity at Hubli unit will increase to 1600 TPD
  • Enhanced product capacity breakdown:
  • 700 TPD of Corn Starch (from current 300 TPD)
  • 400 TPD of Sweeteners and Derivatives (from current 250 TPD)
  • 500 TPD of Feed Ingredients (from current 200 TPD)

Strategic Rationale:

  • Significantly enhances company's integrated manufacturing capabilities and product portfolio
  • Strengthens company's National and Global presence
  • Reinforces position as India's largest Maize Processing Company
  • Part of broader capacity expansion plan to reach 9000 TPD Corn Wet Milling Capacity by 2030

Current Capacity Context:

  • Existing Capacity: 5600 TPD Corn Wet Milling
  • Proposed Capacity Addition: 850 TPD Corn Wet Milling

Company Representative

  • Signed by Kalpesh Bhupatbhai Dave, Company Secretary (ACS-32878)

Additional Information

  • This intimation is available on the company website at www.ambujagroup.com

Impact Tags: #StrategicExpansion #CapacityEnhancement