Pro Fin Capital Services’ subsidiary - Tera Natural Resources and Pellets (TERA) has obtained necessary approval from the office of the Director General of Mines for bauxite mining in the Kolhapur District, Maharashtra. The total reserves in the mines are estimated to be 25 million tones.
TERA is expected to commence commercial operations in the first week of July 2015. The commercial contracts for selling the bauxite are in place.
Pro Fin Capital Services is engaged in the business of financial services such as stock and share broking and dealing in securities. The main activities include dealing in purchase and sales of securities and also rendering related services.
