In continuation of intimation dated January 11 2022 with regards to receipt of in-principle approval of Telangana Government for allotment of 2 acres of Land at Maheshwaram EMC at Subsidized Price, Inflame Appliances has informed that Company has made full payment towards Land allotted at Industrial park situated at Plot No.31 EMC-Maheshwaram. Further, the company is about to receive Land Allotment Letter shortly and other necessary approvals for construction of factory from competent authorities is expected to be received within 4-6 weeks. The Company further informed that any Further Activity on Proposed Project at New acquired land is planned and the commercial production will commence by end of December 2022.
The above information is a part of company’s filings submitted to BSE.
