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August 04, 2008

KS Oils gets approval for allotment of waste land in MP


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KS Oils received in-principal approval for allotment of 2000 hectares of waste land in Morena District, Madhya Pradesh (MP).

The government of MP gave the approval for allotment of land for cultivation of Jatropha for the production of biodiesel.

Shares of the company closed down Rs 0.25, or 0.4%, at Rs 62.45. The total volume of shares traded at the BSE was 1,085,766 (Friday).