Business Update16 Sept 2024, 09:33 pm
LAKSHMI AUTOMATIC LOOM WORKS LTD. Commences Construction of 40,700 Sq.ft. Warehouse Building
AI Summary
LAKSHMI AUTOMATIC LOOM WORKS LTD. has initiated the construction of a new 40,700 Sq.ft. warehouse building at its Warehousing Rental Services Division in Hosur. The project is estimated to cost Rs.800 Lakhs and is expected to be completed by the end of March 2025. The company plans to lease the building to parties of repute upon completion.
Key Highlights
- LAKSHMI AUTOMATIC LOOM WORKS LTD. has started the construction of a new warehouse building.
- The warehouse building is 40,700 Sq.ft. in size and is located at the company's Warehousing Rental Services Division in Hosur.
- The project is estimated to cost Rs.800 Lakhs.
- The construction is expected to be completed by the end of March 2025.
- The company intends to lease the building to reputable parties upon completion.