KCP differs proposal for setting up grinding unit in Andhra Pradesh

02 Aug 2019

KCP has differed proposal for setting up of Grinding Unit at Naidupeta in the state of Andhra Pradesh. Due to environmental concerns, the company approached the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for cancellation of allotment of land at Industrial Park, Naidupet, Andhra Pradesh. The APIIC had accepted company’s request and cancelled the allotment.

The company shall look for land at suitable location for setting up of the grinding unit towards south of Andhra Pradesh at an opportune time.

KCP is a diversified 100 million US$ business group with interests in Heavy Engineering, Sugar, Cement, Hydel Power, Information Technology and Biotechnology.

KCP Share Price

75.15 0.25 (0.33%) Feb 25, 10:55
1 Year Price Chart
Peers
Company Name CMP
Ultratech Cement 6362.30
ACC 1743.65
Shree Cement 27550.70
Ambuja Cement 272.80
Dalmia Bharat 1450.50
View more..
Sensex vs KCP
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback