Corporate Announcement
Security Code : 507438    Company : IFBAGRO    
 
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  Exchange Received Time  11/08/2017 19:33:26         Exchange Disseminated Time   11/08/2017 19:33:28              Time Taken   00:00:02
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that West Bengal Excise vide order No C-255E dated 1st August 2017 has amended the wholesale and retail margins for packaged Country Spirit at 4 per cent and 8 per cent of the declared MRP respectively across all brands and pack sizes. The same has become effective from 10th August 2017.

In accordance to the direction of the West Bengal Excise, the Company has increased the prices of its IMIL brands with effect from 10th August, 2017 as under: -

SIZES (ML) STRENGTH (UP) OLD PRICE (Rs.) NEW PRICE (Rs.)
600 60 65 75
600 70 55 65
600 80 30 35
375 60 45 55
375 80 19 22
300 60 40 50

The Company has started selling all its IMIL brands to West Bengal State Beverages Corporation Limited with effect from 10th August, 2017.


 

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