Asian Granito files draft letter of offer for rights issue up to Rs500 crore; Stock gains 2%
The Company has lined up Mega Expansion Plan in Value Added Luxury Surfaces & Bathware Segments.
Source: indiainfoline.com
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Pil Italica Lifestyle plans to set up or acquire facilities in southern India
Pil Italica Lifestyle plans to expand its base in the 5 states of Southern India by setting up or acquiring or leasing additional manufacturing facilities to increase production by 3,600 M. T. per annum. To cater to the Southern India market, the Company is presently having a fulfillment center at Bangalore and is now planning to set up fulfillment center in Hyderabad and Chennai. These fulfillment centers will provide faster distribution to the company's current distributors and dealers and will also enable the company to expand further and faster across Southern India. The company will an...
Source: business-standard.com