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.
