Investment6 Mar 2025, 07:13 pm
MAAN ALUMINIUM LTD. to Expand Manufacturing Business with Rs. 8.75 Crs. Investment
AI Summary
MAAN ALUMINIUM LTD. has announced its plan to expand the manufacturing business of Aluminium Extrusion and value added services. The company has acquired a building with leasehold land, situated at 81A and 82C, Devas Industrial Area - I, M B Road, Devas (M.P.), with a land area of approximately 13,117 Sq. Meters. The total expenditure for this acquisition is Rs. 8.75 Crs., excluding stamp duty and other charges.
Key Highlights
- MAAN ALUMINIUM LTD. to expand its manufacturing business of Aluminium Extrusion and value added services
- The company has acquired a building and leasehold land in Devas Industrial Area, Devas (M.P.)
- The land area is approximately 13,117 Sq. Meters
- The total expenditure for this acquisition is Rs. 8.75 Crs., excluding stamp duty and other charges
- This investment aims to strengthen the company's manufacturing capabilities