Mangalam Cement has received an approval for setting up of a 11 MW Waste Heat Recovery (WHR) plant at existing factory at Morak, Rajasthan.
The Board also approved the issuance of Non-Convertible Debentures (NCDs) on private placement basis for an amount up to Rs 250 crore in one or more tranches. The Board of Directors of the company at its meeting held on February 12, 2018, approved the same.
Mangalam Cement is a professionally managed and well established cement manufacturing company enjoying the confidence of consumers because of its superior quality product and excellent customer service.