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Madhav Marbles & Granites proposes to install two Block Cutters

23 May 2017 Evaluate

Madhav Marbles & Granites has proposed to install two Block Cutters which will enhance the installed capacity of Granite Tile division by 135000 sq mtr. The plant will be imported from Pedrini, Italy. Further, the company also proposes to replace the Slab polishing plant which will be imported from Breton, Italy.

The commercial production is proposed to commence from September 1, 2017 and trial run is proposed to commence from October 1, 2017. The estimated cost of the Investment is approximately Rs 1660 lakhs which will be managed through Internal Accruals to the extent of 34% and remaining 66% through Debt Financing.

 Madhav Marbles & Granites is into the business of manufacturing marble items such as tiles, slabs and blocks. Further, it also manufactures granite and its items such as tiles. The company is also engaged trading activities related to marble and granite.

Madhav Marbles&Gran. Share Price

34.50 0.00 (0.00%)
09-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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Somany Ceramics 427.50
Cera Sanitaryware 5152.20
Asian Granito India 69.50
Pokarna 894.95
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