Birla Corporation Ltd has said that the trial production of clinker from the brown-field cement capacity expansion project of 1.2 million tonne at Chanderia has commenced w.e.f. March 17. The mining operations remain suspended as per court directions.
The Indian Bureau of Mines has conducted inspection and various tests with regard to the mining at Chanderia and a report has been submitted to the court. The matter is expected to be listed for hearing shortly.
Muthoot Finance Ltd has decided to extend the closing date of the secured non-convertible debentures issue up to April 9.
Pricol Ltd entered into an agreement with Pricol Pune Ltd, a wholly-owned subsidiary, on March 18 to transfer the business, assets and liabilities related to the instrument cluster business of Plant V of the company at Pune to Pricol Pune.