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Board of Kanco Tea & Industries decides to increase bought leaf manufacturing facility

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Capital Market
Last Updated : Nov 12 2016 | 12:02 AM IST

At meeting held on 11 November 2016

Kanco Tea & Industries announced that the Board of Directors of the Company at its meeting held on 11 November 2016 has decided to increase the bought leaf manufacturing capacity from 5.50 Lakh Kgs to 10 Lakh Kgs to carter to increased availability of bought leaves due to mushrooming of small growers. The total project cost will be Rs. 2.75 crores and the proposed capacity will be added within June, 2017.

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First Published: Nov 11 2016 | 4:21 PM IST

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