Gulshan Polyols Secures 2923 KL Ethanol Allocation Worth ₹18,70,72,000 Under EBPP

Gulshan Polyols Limited has secured an additional allocation for the supply of ethanol to Oil Marketing Companies (OMCs) under the Ethanol Blended Petrol Programme (EBPP). The company disclosed this development on May 13, 2026, in compliance with Regulation 30 and Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

Order Details

Gulshan Polyols participated in a tender (Tender Ref. No. 1000442332 (C-1) / E Tender No. 22376) floated by OMCs for Ethanol Supply Year (ESY) 2025-26 across various locations in the country. The company has been allocated an additional quantity for the Q3 period of ESY 2025-26. The key parameters of the order are presented below:

Parameter:	Details
Awarding Entities:	Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL)
Order Quantity:	2923 Kiloliters of Ethanol
Estimated Order Value:	₹18,70,72,000
Nature of Order:	Additional allocation for supply of Ethanol to OMCs
Period of Supply:	Q3 of ESY 2025-26
Execution Timeline:	ESY 2025-26
Domestic / International:	Domestic
Related Party Transaction:	Not Applicable
Promoter Interest in Awarding Entity:	No

Compliance and Disclosure

The intimation was made in accordance with applicable SEBI regulations and the relevant circular. The company confirmed that the awarding entities — BPCL and IOCL — have no promoter or promoter group interest, and the contract does not fall within the scope of related party transactions. The disclosure was signed by Dr. Chandra Kumar Jain, Chairman and Managing Director of Gulshan Polyols Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.65%	+1.12%	+11.78%	+27.49%	-8.74%	+49.29%

Gulshan Polyols Limited has informed the stock exchanges of the resignation of Mr. Mohan Lal Bansal from his position as Factory Manager at the company's Muzaffarnagar Plant, effective May 06, 2026. The disclosure was made pursuant to Regulation 30 read with Schedule III, Part A, Para A (7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Senior Management Change at Muzaffarnagar Plant

Mr. Mohan Lal Bansal, who held the designation of Factory Manager – Muzaffarnagar Plant and was classified as Senior Management Personnel, tendered his resignation citing personal reasons. In his resignation letter addressed to the Board of Directors, Mr. Bansal stated his inability to continue his services as Factory Manager and expressed gratitude to the management and colleagues for their support during his tenure. The resignation was accepted as on May 06, 2026, as confirmed in the regulatory filing submitted to BSE Limited and the National Stock Exchange of India Limited.

The key details of the resignation, as disclosed in accordance with the SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are as follows:

Parameter:	Details
Name:	Mr. Mohan Lal Bansal
Designation:	Factory Manager – Muzaffarnagar Plant (Senior Management Personnel)
Reason for Resignation:	Personal reasons
Date of Cessation:	May 06, 2026
Brief Profile (Appointment/Reappointment):	Not Applicable
Relationship Disclosure (Director):	Not Applicable

Regulatory Disclosure

The intimation was filed by Dr. Chandra Kumar Jain, Chairman and Managing Director of Gulshan Polyols Limited, under reference number GPL/SEC/07/2026-27. The filing was addressed to the Department of Corporate Services at BSE Limited and the Listing Department at the National Stock Exchange of India Limited, in compliance with applicable SEBI listing regulations. No further operational or financial details were disclosed in connection with this development.