NSECapacity addition9 Sept 2026 · 9 Sept 2026, 03:43 pm
Capacity addition
Gujarat Ambuja Exports Limited · GAEL
✦ AI Summary▲ PositiveExpansion
Gujarat Ambuja Exports Limited has informed the Exchange about proposed to setup 850 TPD Greenfield Corn Wet Milling Plant at Hubli, Karnataka. The proposed expansion further strengthens the Company’s National and Global presence and reinforces its position as India’s largest Maize Processing Company.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment9/10
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Gujarat Ambuja Exports Limited has informed the Exchange about proposed to setup 850 TPD Greenfield Corn Wet Milling Plant at Hubli, Karnataka
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REF : GAEL\STOCK38\2026\45
Date : 09th September, 2026
BY E-FILING
BSE Limited The National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1,
Dalal Street, Fort, G Block, Bandra Kurla Complex,
Mumbai - 400 001 Bandra (E), Mumbai - 400 051
Scrip Code: 524226 Symbol: GAEL
Dear Sir / Madam,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - 850 TPD Greenfield Corn Wet Milling Plant
at Hubli, Karnataka
Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you
that the Company proposes to setup a 850 TPD Greenfield Corn Wet Milling Plant at Hubli,
Karnataka, subject to the necessary regulatory approvals and clearances.
The proposed state-of-the-art manufacturing facility will be setup adjacent to the Company’s
existing 750 TPD Corn Wet Milling Plant at Hubli, Karnataka. The facility will have the
capacity to Manufacture 400 TPD of Corn Starch, 150 TPD of Sweeteners and 300 TPD of
Feed Ingredients.
Post completion of the proposed expansion, the total Manufacturing capacity at the Hubli unit
will increase to 1600 TPD with 700 TPD of Corn Starch, 400 TPD of Sweeteners and
Derivatives and 500 TPD of Feed Ingredients, thereby significantly enhancing the
Company’s integrated manufacturing capabilities and product portfolio.
The proposed expansion further strengthens the Company’s National and Global presence
and reinforces its position as India’s largest Maize Processing Company. The company
further plans to increase the overall Corn Wet Milling Capacity to 9000 TPD by 2030.
The details required pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated 30th January, 2026, are provided hereinbelow:
Particulars Details
Existing Capacity 5600 TPD Corn Wet Milling
Proposed Capacity Addition 850 TPD Corn Wet Milling
Period within which the Proposed Capacity is likely to be commissioned by Q4
proposed capacity is to be of FY 2029
added
Investment Required ₹ 333.00 Crores
Mode of Financing Internal Accruals
Rationale Enhancing the Company’s integrated manufacturing
capabilities, product portfolio and further strengthens the
Company’s National and Global presence
This intimation is also available on the website of the Company at www.ambujagroup.com.
You are requested to take the same on your records.
Thanking you.
Yours faithfully,
FOR, GUJARAT AMBUJA EXPORTS LIMITED
KALPESH DAVE
COMPANY SECRETARY
(ACS-32878)