ARO Granite Industries completes installation of quartz plant at Tamil Nadu

Aro Granite Industries Ltd. | Ceramics/Marble/Granite/Sanitaryware | Construction & Infrastructure | BSE: 513729 | NSE: AROGRANITE

02 Jan 2021 Evaluate

ARO Granite Industries has completed the installation of quartz plant and after the trial run, the company is planning to commence commercial production from January 18, 2021. The new quartz plant is located in the existing unit at Hosur, Tamil Nadu and the shed area is 7600 Sq. Mtrs. The installed capacity of the quartz plant is 180000 Sq. Meters. The company has availed a Term Loan of Rs 20 crore from HDFC Bank for this plant. The machine lines are imported from china.

ARO Granite Industries started operations as a 100% Export Oriented Unit in 1991 for processing Polished / Flamed Granite Tiles & Slabs.

Peers

Company Name	CMP
Kajaria Ceramics	1203.00
Somany Ceramics	571.75
Cera Sanitaryware	5640.95
Asian Granito India	50.62
Orient Bell	394.20
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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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