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HomeEthanolGulshan Polyols Ltd receives sanction letter from HSBC for Ethanol Project

Gulshan Polyols Ltd receives sanction letter from HSBC for Ethanol Project

Gulshan Polyols Ltd had approached Hongkong and Shanghai Banking Corporation Limited (‘HSBC’ or ‘Bank’) for availing a term loan of / INR 1700 million / INR 170 crores for setting up of an Ethanol Project of 500 KLPD capacity at Boregaon, Distt Chhindwara, Madhya Pradesh. In view of this, company has received sanction letter on December 21, 2021 from HSBC against company’s application.

Shares of Gulshan Polyols Limited was last trading in BSE at Rs. 258.75 as compared to the previous close of Rs. 258.90. The total number of shares traded during the day was 4875 in over 117 trades.

The stock hit an intraday high of Rs. 262.00 and intraday low of 256.10. The net turnover during the day was Rs. 1262148.00.

The above news was originally posted on www.equitybulls.com

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