Update On Industrial Incentive - Disclosure Under Regulation 30 SEBI (LODR) Regulations, 2015
Subject: Update on industrial incentive – Disclosure under regulation 30 SEBI (listing Obligations
and disclosure requirements) Regulations, 2015
Further to our letter dated 20th May 2023 providing an update on the industrial incentives and
benefits under the Package Scheme of Incentives (PSI) 2013. We are to inform you that the
Directorate of Industries, Government of Maharashtra (GOM) has its letter dated 2nd May 2024
amended the Eligibility Certificate under the Package Scheme of Incentive Policy (PSI) 2013
pursuant to the application made by the Company for additional investment made at its
Aurangabad facility for the period 1st January 2019 to 31st January 2022.
The GOM vide the above stated letter has amended the Eligibility Certificate under the PSI 2013 and
revised the Industrial Promotion Subsidy (IPS) to Rs.16865.05 lakhs from the existing Rs. 10360.52
lakhs.
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