NSE:SUKHJITS

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Sukhjit Starch to Invest INR5 Billion in New Maize Processing Unit in Maharashtra, India

Sukhjit Starch & Chemicals (NSE:SUKHJITS, BOM:524542) signed a memorandum of understanding to set up a maize processing unit in Maharashtra, India, with a processing capacity of 1,200 tonnes per day.The Nashik project will require capital expenditure of 5 billion Indian rupees and produce maize starch and derivatives, according to a Tuesday filing on Indian exchanges.

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