Mohit Industries has received an approval for demerger of AAC Blocks (Aerated Autoclave Concrete) business into a separate company. The board of directors at their meeting held on May 30, 2015 has approved for the same.
This step has been taken in order to achieve operational, administrative efficiencies and with a view to concentrate on the focused business, facilitate expansion, or any other arrangement depending on the opportunity in the future.
Mohit Industries is one of the top notch manufacturers of fabrics & texturised yarn in the nation. It has recently diversified into the construction materials industry in adherence to its long term vision and goals.
