IG Petrochemicals Limited (IGPL) has approved a ₹100 crore investment in its wholly-owned subsidiary, I G Biofuels Limited (IGBL), to explore opportunities in biofuels and compressed bio-gas production.

will acquire 700 shares of IGBL at face value, making it a wholly-owned subsidiary. The company has also extended the completion timeline for its plasticizer plant to March 2026. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.