Fortune International has acquired 36.01% of equity shares of Fortune Stones for a cash consideration of Rs 3.69 crore.
Fortune Stones was incorporated on 05 January 1996. FSL, a Granite Mining Company which is a joint venture Company with "The M. P. State Mining Corporation, Bhopal (MPSMC)", whereby MPSMC holds 20% stake in FSL. It has its Registered Office and corporate Office at New Delhi. FSL is one of the largest producers of red granite in Northern India.
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