MOLASSES

OUR PRODUCTS

Molasses, meaning honey like, is thick dark syrup that is a by-product of sugar refining through repeated crystallization of sugar syrup obtained by crushing sugar cane. Molasses is sold both for human consumption, to be used in baking and in the brewing of ale, as also for industrial use. In India Molasses is used mainly in manufacture of industrial/ potable alcohol, yeast and cattle feed. Alcohol in turn is used to produce ethanol, rectified spirit and various value added chemicals. Ethanol is consumed by chemical industry and is also used in blending with petroleum to produce Ethanol Blended Petroleum (EBP).

With reference to the SEBI circular no. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 dated 3.11.2021 vide which SEBI has directed that the Listed Companies and their Registrar and Share Transfer Agents (RTA) to collect requisite documents for mandatory updating of PAN, KYC details, Nomination details of all shareholders holding shares in physical form and also compulsory linking of PAN and Aadhaar by all shareholders till 31st March, 2022 or such other date as amended by regulator. | As Per SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 Dated January 25th, 2022, Listed companies shall issue the securities in dematerialized form only while processing the following service request: Issue of duplicate securities certificate, Claim from Unclaimed Suspense Account, Renewal / Exchange of securities certificate, Endorsement, Sub-division / Splitting of securities certificate, Consolidation of securities certificates/folios, Transmission, Transposition. Format of Form ISR-4 With Regard To Issuance Of Securities In Dematerialized Form In Case Of Investor Service Requests is available in the section of Investor Communication under the head of Investors.