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BSE SENSEX
74,071.01
+332.56
+0.45 %
Corporate Announcement
Security Code
540519
Company
Meera Industries Ltd
Exchange Received Time
09/01/2018 10:57:25
Exchange Disseminated Time
09/01/2018 10:57:28
Time Taken
00:00:03
Updates |
01/09/18 10:57
We are pleased to announce that the expansion of our factory premise is now completed. This expansion will lead to a 40% increase in our work space, leading to greater efficiency in work flows and optimum storage of both ready inventory as well as raw materials.
Given the fact that we are introducing many new technologies in the domain of yarn processing, we plan to use this extra space to create a Centre of Excellence. This Centre of Excellence will help showcasing our existing and future machines in working condition. This helps buyer to arrive at purchasing decision faster, since what they see is what they get.
This expansion was done entirely from internal accruals.
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