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20 Microns to purchase 50% stake in Polyex Minerals

13 Nov 2014 Evaluate

20 Microns has received an approval for purchase of 5,000 equity shares of Rs 10 each being 50% of the paid-up share capital of Polyex Minerals, Ahmedabad at a price of Rs 10 per share, for a total consideration of Rs 50,000. The said joint venture proposes to establish a Silca Sand Refining Project. The board of directors at their meeting held on November 12, 2014 has approved for the same

20 Microns is the largest producer of white minerals in India. The company manufactures specialized products for various companies such as cosmetics, cement, textile and household products. The company’s products are used in areas such as paints, coating and printing ink, adhesives, plastics, ceramic, sealants and paper.

20 Microns Share Price

178.15 1.70 (0.96%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 479.95
NMDC 89.06
GMDC 729.85
Sandur Manganese 210.75
MOIL 312.90
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