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| Exchange Disseminated Time 16/09/2015 11:45:59 | CMI Ltd has informed BSE that the Company is setting up a new Manufacturing facility at Bawal, Haryana to cater of growing demand for products of the Company.
For this purpose the company has acquired a fully developed with all facilities a manufacturing unit of M/s. Danish company FL Smidth Pvt. Limited at Plot No. 116-117, Sector-07, Phase-01, IMT Bawal, Rewari, Haryana-123501.
Manufacturing unit spread over 1,01,115 sq. ft with built up area of 67,000 sq. ft having all the necessary clearances and facilities for Industrial production.
CMI Ltd. is planning to invest approximately INR.200 mns on the acquisition and setting up of the facility at Bawal. This investment is expected to significantly augment the production capacity of the company. The company intends to start production in the new facility within this financial year. |
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