Bigbloc Construction has informed that pursuant to Regulation 30 and Para A of Schedule III of the SEBI (LODR), 2015, the Company 'Bigbloc Building Elements’, a wholly owned subsidiary of Bigbloc Construction has received Finance Sanctioned from the Bank for upcoming expansion at Wada, Palghar. Moreover, Construction for factory building is proceeding as per schedule. Also, the company has placed orders for majority of the machines and shall start receiving machines at the site by September/ October. Looking at the current progress, the company intends to start commercial productions at this unit by December, 2022 as projected.
The above information is a part of company’s filings submitted to BSE.
