Madhav Marbles & Granites has proposed to install two Block Cutters which will enhance the installed capacity of Granite Tile division by 135000 sq mtr. The plant will be imported from Pedrini, Italy. Further, the company also proposes to replace the Slab polishing plant which will be imported from Breton, Italy.
The commercial production is proposed to commence from September 1, 2017 and trial run is proposed to commence from October 1, 2017. The estimated cost of the Investment is approximately Rs 1660 lakhs which will be managed through Internal Accruals to the extent of 34% and remaining 66% through Debt Financing.
Madhav Marbles & Granites is into the business of manufacturing marble items such as tiles, slabs and blocks. Further, it also manufactures granite and its items such as tiles. The company is also engaged trading activities related to marble and granite.
Company Name | CMP |
---|---|
Kajaria Ceramics | 1143.80 |
Somany Ceramics | 663.00 |
Cera Sanitaryware | 7299.50 |
Asian Granito India | 68.37 |
Pokarna | 1189.25 |
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