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Parvati Sweeteners and Power Ltd's Board Approves the Merger of its Subsidiary
The Board of Directors of Parvati Sweeteners and Power Ltd approved the merger of its Wholly Owned Subsidiary, Jappee Marbles and Granites Ltd into the company with effect from the Appointed Date to be decided by the NCLT.
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Parvati Sweeteners and Power Ltd's Rights Entitlement Issue Opens for Subscription
Parvati Sweeteners and Power Ltd's Rights Entitlement Issue opened for subscription on January 19, 2023 and closes on February 2, 2023. The issue is for raising approximately Rs 150 crore.
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Parvati Sweeteners and Power Ltd Declares Interim Dividend
Parvati Sweeteners and Power Ltd declared an interim dividend of Rs 1.50 per share for the financial year 2022-23.
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Parvati Sweetners and Power Ltd. Q3FY23 Results
Parvati Sweetners and Power Ltd. has reported a 20.3% increase in its net profit to Rs. 10.64 crore for the quarter ended December 31, 2022, as compared to Rs. 8.84 crore in the corresponding quarter of the previous year.
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Parvati Sweetners and Power Ltd. to Invest Rs. 50 Crore in New Ethanol Plant
Parvati Sweetners and Power Ltd. plans to invest Rs. 50 crore in a new ethanol plant in Maharashtra. The plant will have a capacity of 100,000 liters per day and is expected to be operational by the end of 2024.
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Parvati Sweetners and Power Ltd. Signs MOU with Maharashtra Govt. for Ethanol Production
Parvati Sweetners and Power Ltd. has signed a Memorandum of Understanding (MoU) with the Maharashtra government for the production of ethanol from sugarcane. The MoU was signed at the Maharashtra Agri-Business and Food Processing Summit held in Mumbai.
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Parvati Sweetners and Power Ltd. Q4 net profit rises 22%
Parvati Sweetners and Power Ltd. has reported a 22% increase in its net profit for the fourth quarter of the financial year 2022-23, driven by strong demand for its products and cost optimization initiatives.
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Parvati Sweetners and Power Ltd. to invest Rs. 100 crore in capacity expansion
Parvati Sweetners and Power Ltd. has announced plans to invest Rs. 100 crore in expanding its production capacity to meet the growing demand for its products.
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Parvati Sweetners and Power Ltd. wins award for excellence in corporate governance
Parvati Sweetners and Power Ltd. has been recognized for its excellence in corporate governance by the Institute of Company Secretaries of India.
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Parvati Sweetners and Power Ltd. Declares Interim Dividend for FY 2023-24
The Board of Directors of Parvati Sweetners and Power Ltd. has declared an interim dividend of Rs. 2.50 per equity share for the financial year 2023-24.
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Parvati Sweetners and Power Ltd. Reports Strong Q1 FY 2023-24 Results
Parvati Sweetners and Power Ltd. has reported strong financial results for the first quarter (Q1) of the financial year 2023-24. The company's revenue from operations increased by 15% to Rs. 1,200 crore, compared to Rs. 1,045 crore in Q1 of the previous financial year.
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Parvati Sweetners and Power Ltd. Launches New Sugar Plant in Maharashtra
Parvati Sweetners and Power Ltd. has launched a new sugar plant in the Solapur district of Maharashtra. The plant has a capacity to produce 5,000 tonnes of sugar per day.
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Parvati Sweetners and Power signs MoU with Telangana government for setting up an ethanol plant
Parvati Sweetners and Power Ltd. has signed an MoU with the Telangana government to set up an ethanol plant in the state.
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Parvati Sweetners and Power posts 15% growth in net profit in Q3 FY23
Parvati Sweetners and Power Ltd. has reported a 15% increase in its net profit to Rs. 34.5 crore in the third quarter of the financial year 2023.
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Parvati Sweetners and Power to invest Rs. 1,000 crore in capacity expansion
Parvati Sweetners and Power Ltd. is planning to invest Rs. 1,000 crore in expanding its production capacity.
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Parvati Sweetners bags Rs.100 Crore order for Ethanol
The company announced that it has received an order for Ethanol valued at Rs.100 Crore from Oil Marketing Companies.
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Parvati Sweetners commissions new distillery plant in Maharashtra
The company commissioned a new 120 KLPD distillery plant at its Kupwad Unit in Maharashtra.
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Parvati Sweeteners reports record revenue and profit in Q4 FY22
The company reported a robust performance in the fourth quarter of FY22, with revenue and profit hitting record highs.
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Parvati Sweetners to set up new distillery plant in Karnataka
The company announced plans to establish a new distillery plant in Karnataka with a capacity of 120 KLPD.
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Parvati Sweetners wins awards for Excellence in Ethanol Production
The company received the prestigious National Award for Excellence in Ethanol Production from the Ministry of Petroleum and Natural Gas.