Nutraplus India Limited has made a regulatory disclosure to the Bombay Stock Exchange pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereof.
The company has finalized a 3.5-acre plot in South Gujarat for the installation of a Compressed Biogas (CBG) plant. This plot will be taken on lease arrangement.
Additionally, the company is in advanced stages of finalizing and awarding a turnkey installation contract for the CBG plant to EPC company Biofics.
The disclosure notes that key raw material feed for the CBG production is readily available, including Municipal Waste, Agro waste, Forest waste, Sugar Cane waste, and Animal Husbandry and Cattle waste.
The document was signed by Mukesh Dhirubhai Naik, Managing Director (DIN: 00412896), and submitted from the company's registered address in Mumbai.
Financial impact not quantified in the disclosure.