Corporate News     20-Nov-06
NCL Industries bags prefab order worth Rs 17.07 crore
Board approves expansion plan in its laminated board and cement capacity

NCL Industries has bagged prefab order in the division for 3.08 lakh sft. of Rs 17.07 crore to be completed by January 2007. Further, the board has approved the capacity expansion of its laminated board from 10,000 sq. mts. per month to 25,000 sq. mtrs. per month, including the cement capacity expansion by 8.25 lakh MTs per annum at a cost of Rs 213 crore by setting up 1800 TPD Clinker Plant at Nalgonda District, Andhra Pradesh, and 2500 TPD Cement Grinding Plant at Kondapalli, near Vijayawada, Andhra Pradesh.

Further, recommended a final dividend of 5% for the FY 31 March 2006.

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