India’s largest sugar refiner and a leading ethanol producer has received approval from the National Company Law Tribunal (NCLT) for the merger of its three subsidiaries—Monica Trading Private Limited, Shree Renuka Agri Ventures Limited, and Shree Renuka Tunaport Private Limited—into the parent company.  Share Price Movement  The share price of Shree Renuka Sugar went down … Continue reading Ethanol stock in focus after NCLT approves merger of 3 wholly owned subsidiaries