Saurashtra Cement Limited to invest Rs. 100 crores in new projects.

The Board of Directors of Saurashtra Cement Limited at its meeting held recently have in-principle decided to invest upto the tune of Rs. 100 Crores in various projects under the building / finishing material portfolio such as Indoor cement tiles, Paints, Construction Chemicals, etc.
The Board have authorised Executive Vice Chairman and/or Managing Director to identify opportunities for growth and diversification and negotiate the terms for acquisition of assets / business and Capital Expenditure. The final terms of investing in any new project / business under the building / finishing material portfolio shall be subject to the approval of the Board.
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