IPO Date: Sep 24 to Sep 26 2025
Listing Date: Oct 1 2025
A. Funding Capital Expenditure for setting up Harvester Manufacturing UnitB. Working Capital RequirementsC. General Corporate PurposesD. To meet the Issue Expenses
Kh No. 539, Ph No. 45/52 Vill- Kandarka, Teh- Dhamdha Ahiwara
Durg
Chhattisgarh
490036
9109732303
cs@gnagro.com
www.gnagro.com
Cameo Corporate Services Ltd
The government said that retail prices of sugar have started to ease with ex-mill rates declining by around 20 per cent in the last few days and highlighted that it will allocate a fortnightly sale quota to mills from September to ensure smooth supply and prevent artificial scarcity. At present, the food ministry allocates a monthly quota to mills for the sale of sugar. The Food Ministry said it is closely monitoring availability and prices of sugar, while asserting that there is no shortage of sweetener in India.
The ministry said it carried out physical verification of stocks in sugar mills and the exercise revealed that some mills were holding more stocks than declared in monthly returns, while some mills sold less stock than their monthly allocations. To address this problem, the government has decided to introduce a fortnightly sugar allocation system from September, replacing the existing monthly quota system.
Under the fortnightly quota, mills will have to sell at least 40 per cent of the allocation in the first week and the remaining quantity in the succeeding week. Commenting on the benefits of the new measure, the ministry said it will help to monitor the demand and supply situation, respond quickly to changes in market conditions and prevent artificial scarcity. It can release additional stocks if required to maintain adequate market availability. It noted that sugar mills have already been directed to ensure that sugar sold is dispatched from the mill within seven days of sale.
These two measures - fortnightly quota allocation and mandatory dispatch within seven days - would significantly improve the entire supply chain. Bulk consumers of sugar have been asked not to hold stocks in excess of their operational requirements.
Talking about the prevailing high sugar prices, the government said it has taken a series of proactive measures to ensure adequate availability of sugar and prevent artificial tightening of supplies in the domestic market. To control prices, the Centre has recently allowed imports of 10 lakh tonnes of raw sugar by October 31. It has imposed stock holding limits on dealers, as well as bulk consumers like beverage makers. Exports were already banned a few months back. As a result, the ex-mill sugar prices have declined by around 20 per cent in recent days, while retail sugar prices have also started coming down.
Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Power Mech Projects has informed that Vivek Paranjpe (DIN: 03378566), Non-Executive and Independent Director of the Company, completes his second and final term as an Independent Director at the close of business hours on August 30, 2026. Consequently, he will cease to be a Director of the Company. The Board of Directors places on record its deep appreciation for the valuable contributions, effective participation, and immense guidance provided by Vivek Paranjpe during his tenure on the Board, as well as for his dedicated service as a Chiarman of the Nomination and Remuneration Committee, and member of Audit Committee. The details required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed.
The above information is a part of company’s filings submitted to BSE.
No Records Found
The issue size of Gurunanak Agriculture India Ltd. IPO is ₹28.80 - 0.00 crore.
The Gurunanak Agriculture India Ltd. IPO opens for subscription on 2025-09-24 and closes on 2025-09-26.
The price range of Gurunanak Agriculture India Ltd. IPO is ₹75.00 to ₹0.00.
The lot size of Gurunanak Agriculture India Ltd. IPO is 3200 shares.
The registrar of Gurunanak Agriculture India Ltd. IPO is Cameo Corporate Services Ltd .
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