Universal Starch-Chem Allied to purchase plant & machinery worth Rs 10.68 crore

11 Feb 2019 Evaluate

Universal Starch-Chem Allied’ Board has considered the purchase of Plant and Machinery worth Rs 10.68 crore and Land and Building worth of Rs 6.50 crore during the quarter, through auction held by SVC-Co Operative Bank -Mumbai, for the business expansion purpose. The Board of Directors of the company at their meeting held on February 09, 2019, considered the same. 

Universal Starch-Chem Allied is engaged in Maize Refining .They have expanded their product range to cater to the requirements of Food, Pharmaceutical, Textile, Paper & Adhesive industries.

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