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Markets1h 56m ago

Sugar and ethanol-linked companies' shares rose on Thursday after the Central Government exempted E22-E30 ethanol-blended petrol from excise duty.

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Mumbai, India

Who
Central Government, Balrampur Chini, Dhampur Sugar, Dwarikesh Sugar, Praj Industries
What
Sugar and ethanol-linked companies' shares rose on Thursday after the Central Government exempted E22-E30 ethanol-blended petrol from excise duty.
When
Thu, 11 Jun 2026 07:54:56 GMT · 1h 56m ago
Where
Mumbai, India ·
Why
The Centre exempted higher ethanol-blended petrol from excise duty to encourage greater ethanol use and support India’s biofuel program.
The Frontline Impact

How this affects you

The tax exemption on ethanol-blended petrol is expected to boost demand for ethanol and improve profitability for sugar companies involved in ethanol production, while making high-ethanol fuel more cost-effective for consumers and oil marketing companies in India.

Story chain

3 events in this thread
  1. Currently Reading1h 56m ago
    Sugar and ethanol-linked companies' shares rose on Thursday after the Central Government exempted E22-E30 ethanol-blended petrol from excise duty.
  2. Markets4h 21m ago
    Sugar stocks in India gained up to 3.5% in early trade on Thursday after the Centre exempted petrol blended with higher levels of ethanol from excise duty.
    Open article
  3. Markets5h 35m ago
    The central government extended excise duty exemptions on petrol blended with higher ethanol content, as announced in an official notification issued on June 10.
    Open article

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