Godavari Biorefineries Limited (GODAVARIB) — Announcement

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📢 Key Event
Commenced corn/grain-based distillery construction at Sameerwadi unit

🔄 What Changed
200 KLPD capacity addition

💡 Investor Takeaway
The expansion diversifies feedstock sources and supports long-term ethanol demand growth.

Godavari Biorefineries announced on June 29, 2026 that it has started building a corn/grain-based distillery at its Sameerwadi facility, adding 200 KLPD capacity to its existing 600 KLPD sugarcane-based unit. The Rs. 130 Cr investment, funded through internal cash and debt, aims to create dual-feedstock resilience for ethanol production amid climate risks and growing demand from India's blending program. This expansion strengthens the company's position in the renewable fuels sector and could improve margins as ethanol blending targets rise.

📄 View Original Announcement (PDF)

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