Madhav Marbles & Granites has informed that the Board of Directors of the Company held a meeting today, which commenced at 11:31 am and concluded at 12:05 pm. During this meeting, the Board discussed and approved the sanction of additional banking facilities by HDFC Bank. These facilities will be utilized to support the working capital requirements of Madhav Surfaces, FZC LLC, Oman (Joint Venture wherein Subsidiary is a Partner).
The above information is a part of company’s filings submitted to BSE.
