Rudra Gas Enterprise Limited Signs ₹30 Crore Biogas Project MOU with Government of Gujarat

1 min read     Updated on 12 Jan 2026, 08:57 PM
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Overview

Rudra Gas Enterprise Limited signed an MOU with the Government of Gujarat on January 12, 2026, for a biogas project with ₹30.00 crore proposed investment. The project, set to commence in 2027, will generate approximately 125 jobs and receive government facilitation for regulatory approvals. This agreement was part of the Vibrant Gujarat Regional Conferences investment promotion activities.

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Rudra Gas Enterprise Limited has signed a significant Memorandum of Understanding with the Government of Gujarat for establishing a biogas project in the state. The MOU was executed on January 12, 2026, at Rajkot, Gujarat, as part of the Investment Promotion Activity for Vibrant Gujarat Regional Conferences.

Project Investment and Scope

The biogas project represents a substantial investment commitment from the company. The key financial and operational parameters of the agreement are outlined below:

Parameter: Details
Proposed Investment: ₹30.00 crore
Expected Employment Generation: Approximately 125 persons
Project Commencement: Year 2027
Location: State of Gujarat

Government Support and Facilitation

Under the terms of the MOU, the Government of Gujarat has committed to providing comprehensive support for the project implementation. The government will facilitate the company in obtaining necessary permissions, registrations, approvals, and clearances from concerned departments as per applicable policies, rules, and regulations. This governmental support is expected to streamline the project development process and ensure compliance with regulatory requirements.

Strategic Significance

The biogas project aligns with India's renewable energy initiatives and Gujarat's industrial development objectives. The establishment of this facility will contribute to the state's clean energy infrastructure while creating significant employment opportunities in the region. The project's scale, with a ₹30.00 crore investment, demonstrates Rudra Gas Enterprise Limited's commitment to expanding its presence in the renewable energy sector.

Regulatory Compliance

The company has disclosed this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023. The company has indicated that any further updates on the project will be communicated at the earliest to ensure transparency with stakeholders and regulatory authorities.

Historical Stock Returns for Rudra Gas Enterprise

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Rudra Gas Enterprise Limited Appoints CA Vinita Arvindbhai Mistry as Chief Financial Officer

1 min read     Updated on 05 Jan 2026, 01:45 PM
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Reviewed by
Shriram SScanX News Team
Overview

Rudra Gas Enterprise Limited appointed CA Vinita Arvindbhai Mistry as Chief Financial Officer effective January 5, 2026, following Board approval. The chartered accountant brings 6 years of finance and tax experience, holds no company shares, and meets all SEBI regulatory requirements for the Key Managerial Personnel position.

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Rudra Gas Enterprise Limited has announced the appointment of CA Vinita Arvindbhai Mistry as Chief Financial Officer, effective January 5, 2026. The Board of Directors approved this key management appointment, which was formally communicated to BSE Limited under regulatory compliance requirements.

Appointment Details

The company filed the mandatory disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming CA Mistry's appointment as CFO and Key Managerial Personnel. The appointment details are summarized below:

Parameter: Details
Designation: Chief Financial Officer (CFO)
Effective Date: January 5, 2026
Nature of Change: Appointment
Shareholding: NIL

Professional Background

CA Vinita Arvindbhai Mistry brings substantial professional credentials to her new role. Her qualifications and experience profile includes:

  • Education: Chartered Accountant, B.com, and M.com
  • Experience: 6 years in finance, tax, and allied laws
  • Specialization: Finance and taxation matters

Regulatory Compliance

The company confirmed that CA Mistry meets all regulatory requirements for the CFO position. She is not debarred from holding the office of Key Managerial Personnel by SEBI or any other statutory authority. The appointment follows all prescribed guidelines under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015.

Corporate Governance

The appointment was signed and approved by Kush Sureshbhai Patel, Managing Director (DIN: 07257552), demonstrating proper corporate governance procedures. The formal communication to BSE Limited ensures transparency and regulatory compliance in line with listing obligations.

This strategic appointment strengthens Rudra Gas Enterprise Limited's management team with experienced financial leadership as the company continues its operations in the infrastructure development sector.

Historical Stock Returns for Rudra Gas Enterprise

1 Day5 Days1 Month6 Months1 Year5 Years
-5.93%-14.19%-6.62%-35.86%-50.41%-49.47%
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