Don’t miss the latest developments in business and finance.

Board of NCL Industries approves setting up of cement grinding and packing unit at Mattapalli

Image
Capital Market
Last Updated : May 03 2021 | 12:32 PM IST

At meeting held on 03 May 2021

The Board of NCL Industries at its meeting held on 03 May 2021 has approved the proposal to set up 110 TPH cement grinding and packing unit at Line III- Phase 2 at Mattapalli at an estimated cost of around Rs 105 crore to be financed by a debt of Rs 75 crore and balance Rs 30 crore to be met out of internal accruals. The project is expected to be completed in 18 months from date of its financial closure.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: May 03 2021 | 12:18 PM IST

Next Story