Visaka Industries to set up new manufacturing facility for Vnext products in Tamil Nadu

Visaka Industries Ltd. | Cement & Construction Materials | Construction & Infrastructure | BSE: 509055 | NSE: VISAKAIND

25 Jun 2019 Evaluate

Visaka Industries is planning to set up a new manufacturing facility for Vnext range of plywood and gypsum plaster boards at an unfinalised location in Tamil Nadu at an outlay of Rs 100 crore. Currently, its Vnext plants are operational in Telangana, Maharashtra, and Haryana.

Visaka Industries is engaged in the manufacture of fibre cement sheets. The company also manufactures Accessories like Close Fitting Adjustable Ridges, North Light Ridges, North Light Curve, Roof Lights, Apron piece, Barge Boards, Serrated Adjustable Ridges, Close Fitting Adjustable Ridges, etc.

Peers

Company Name	CMP
Ultratech Cement	10996.00
Ambuja Cements	391.00
ACC	1246.15
Shree Cement	22588.80
Dalmia Bharat	1749.20
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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