BCL Industries Limited has recently announced a new supply order for Extra Neutral Alcohol (ENA). The company received a letter of acceptance on November 26, 2024, for supplying 60 Lac litres of ENA to Rajasthan State Ganganagar Sugar Mills Limited. This order will be fulfilled over the course of the next six months, beginning with supply from BCL's distillery in Bathinda, Punjab. Additionally, there is an option for the buyer to increase the order by 50%, indicating the potential for further growth in the company’s order book.

This update comes as part of the company's normal course of business and highlights its continued role as a key supplier in the ENA market. ENA is a highly sought-after product used in the manufacturing of alcoholic beverages, and this contract significantly contributes to BCL Industries' growth and expansion in the industry. The company is on track to complete the supply of approximately 80 Lac litres of ENA by November 30, 2024, following an earlier order received on February 12, 2024, to supply 53 Lac litres of ENA to the same client.

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This business update serves to inform all stakeholders and the public about the company's new contract and order book developments, which are expected to have a positive impact on BCL Industries’ financial performance in the coming months. With the possibility of additional supply, the company is well-positioned to capitalize on growing demand in the ENA market.

The BCL Industries announcement not only demonstrates its strong operational capabilities but also enhances its position in the market, securing its place as a reliable supplier of ENA. As the company continues to meet demand and expand its order book, it is expected to benefit from increased business growth.

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