Godavari Biorefineri

Godavari Biorefineries Ltd started commercial operations at a new corn- and grain-based ethanol distillery at its Sameerwadi unit on June 29, the company told exchanges. The facility adds 200 kilo litres per day (KLPD) of extra capacity to the existing 600 KLPD sugar-based unit, giving the company dual-feedstock flexibility. The project required an investment of roughly ₹130 crore, financed through internal accruals and debt. The existing plant had been running at just 41% utilisation, but the new line is expected to shield output from climate-related disruptions and support higher volumes under the government’s ethanol blending mandate. The move marks a key milestone in the company’s plan to diversify its distillery operations and build a more resilient ethanol supply chain.

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June 29 (Reuters) - Godavari Biorefineries Ltd GODA.NS:

• GODAVARI BIOREFINERIES - COMMENCES CORN/GRAIN-BASED DISTILLERY AT SAMEERWADI UNIT

• GODAVARI BIOREFINERIES - INVESTMENT REQUIRED ABOUT 1.30 BILLION RUPEES

Source text: ID:nBSE1lgwWr

Further company coverage: GODA.NS

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** Shares of Godavari Biorefineries GODA.NS jump 6.9% to 304 rupees after co gets a Japanese patent for a compound to treat cancer

** The compound, 5-hydroxy-1,4-naphthalenedione, exhibits strong inhibitory effects on cancer and cancer stem cells, the company says

** Trading vols over 2x the 30-day average at 457,412 shares so far

** YTD, GODA up ~9%

(Reporting by Vijay Malkar)

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March 10 (Reuters) - Godavari Biorefineries Ltd GODA.NS:

• GRANTED JAPANESE PATENT FOR TREATING VIRAL INFECTIONS

Source text: ID:nBSE3VH1S5

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MUMBAI, March 2 (Reuters) - India's Godavari Biorefineries GODA.NS plans to commission a 200 kilolitres-per-day (KLPD) grain-based distillery in the June quarter, a move aimed at diversifying its feedstock and enabling the use of both sugarcane and corn depending on market prices.

"The new distillery will be integrated with our existing distillery. It will be a fungible facility that can change feedstock," Samir Somaiya, managing director of the company told Reuters.

The company operates a sugar mill in northern Karnataka, a key corn-growing region, he said.

Indian sugar mills, long reliant on sugarcane for ethanol, are shifting to grain-based distilleries to run year-round and reduce exposure to swings in cane output.

Mills must pay a state-advised price to cane growers, which squeezes margins in surplus years when abundant supply depresses sugar prices while fixed cane payments remain in place.

There is a need to raise the minimum selling price of sugar to reflect higher cane costs and ensure mills can pay farmers the promised rates for their produce, said Somaiya.

Grain-based distilleries accounted for 69% of ethanol blended with petrol in the last marketing year, with sugarcane feedstock making up the remaining 31%, according to the All India Distillers' Association.

Corn prices are trading nearly a third below the government-set floor price due to a production surplus, making corn-based ethanol more profitable than sugarcane-based output, industry officials said.

(Reporting by Rajendra Jadhav; Editing by Nivedita Bhattacharjee)

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Feb 13 (Reuters) - Godavari Biorefineries Ltd GODA.NS:

• GODAVARI BIOREFINERIES DEC-QUARTER CONSOL PAT 82.5 MILLION RUPEES

• GODAVARI BIOREFINERIES LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.6 BILLION RUPEES

Source text: ID:nnAZN4SGP4K

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Feb 6 (Reuters) - Godavari Biorefineries Ltd GODA.NS:

• PARTNERS WITH SYNTHOMER TO DEVELOP BIO-BASED ALTERNATIVES TO FOSSIL-BASED MONOMERS

Source text: ID:nnAZN4SA4JC

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Oct 16 (Reuters) - Godavari Biorefineries Ltd GODA.NS:

• EUROPEAN PATENT GRANTED FOR INHIBITION OF UNREGULATED CELL GROWTH

Source text: ID:nBSE973ys5

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** Shares of Godavari Biorefineries Ltd GODA.NS rise 5% to 303.42 rupees
** Ethanol-based chemicals maker says China National Intellectual Property Administration granted patent for compounds that have exhibited strong inhibitory effects on cancer, cancer stem cells in vitro studies
** Stock on track to rise for third straight week, up 3.8% so far this week
** GODA down 8.2% YTD

(Reporting by Meenakshi Maidas in Bengaluru)

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July 15 (Reuters) - Godavari Biorefineries Ltd GODA.NS:

• CNIPA GRANTS PATENT FOR CANCER TREATMENT COMPOUND

Source text: ID:nBSE6ggJ2t

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** Shares of Godavari Biorefineries Ltd GODA.NS rise 5% to 256.75 rupees
** Chemicals maker been granted patent in Europe for novel anticancer molecule
** Adds, patent cover very potent anticancer compound with proven efficacy on cancer and cancer stem cell
** More than 311,000 shares traded as of 9:43 a.m. IST, 2.1x their 30-day moving avg
** Session's gain trims YTD losses to 22.4%

(Reporting by Meenakshi Maidas in Bengaluru)

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July 3 (Reuters) - Godavari Biorefineries Ltd GODA.NS:

• GRANTED PATENT IN EUROPE FOR NOVEL ANTICANCER MOLECULE

Source text: ID:nBSE4ZVllC

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March 25 (Reuters) - Godavari Biorefineries Ltd GODA.NS:

• GODAVARI BIOREFINERIES - GETS TAX DEMAND NOTICE FOR 461.5 MILLION RUPEES

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Dec 16 (Reuters) - Godavari Biorefineries Ltd GODA.NS:

• GODAVARI BIOREFINERIES - ANNOUNCES INVESTMENT IN GRAIN/CORN-BASED DISTILLERY

• GODAVARI BIOREFINERIES LTD - INVESTMENT OF 1.30 BILLION RUPEES IN NEW 200 KLPD DISTILLERY

Source text: ID:nBSE6BWlsJ

Further company coverage: GODA.NS

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** Shares of Godavari Biorefineries GODA.NS rise 5.2% to 364 rupees

** The ethanol maker secures exclusive license agreement with Catalyxx for biobutanol and higher alcohol

** Agreement grants co rights to leverage Catalyxx's technology for conversion of ethanol into up to 30,000 tons of biobutanol and other higher alcohols

** GODA up ~18% since its listing on Oct. 30

(Reporting by Vijay Malkar)

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Dec 2 (Reuters) - Godavari Biorefineries Ltd GODA.NS:

• GODAVARI BIOREFINERIES - SECURES EXCLUSIVE LICENSE AGREEMENT WITH CATALYXX INC

• GODAVARI BIOREFINERIES - AGREEMENT FOR BIOBUTANOL AND HIGHER ALCOHOL

Further company coverage: GODA.NS

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