HKG Limited acquires sugar mill, ethanol plant through auction

HKG Limited has successfully participated in the auction conducted towards Shri Shivsagar Sugar and Agro Products Limited, Udapudi on July 11, 2022 to acquire Sugar Mill, Co-Gen Plant, Ethanol Plant, Office Building, Godown and Guest House from The Belagavi District Central Co-Operative Bank Ltd (Bank).

The company in a regulatory filing said the Bank has awarded us in-principle letter dated July 11, 2022 for the same.

The shares of the company were trading higher on BSE.


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