ALSO READOrient Abrasives reports standalone net loss of Rs 3.26 crore in the March 2017 quarter Board of Orient Bell recommends final dividend Orient Tradelink appoints company secretary Orient Tradelink appoints company secretary Orient Bell standalone net profit rises 22.39% in the March 2017 quarter
Located in in Morbi (Gujarat)Orient Bell has entered into an Agreement with a Ceramic Tile Manufacturing Company at Morbi (Gujarat) and its Promoters to acquire its equity stake of 26%.
The said company is setting up a new plant to manufacture about 5.2 million square meters of wall tiles per annum at Morbi (Gujarat) and likely to start Commercial Production by the end of March 2018.
This Strategic stake will give complete access to our company to procure and sell the substantial quantity of tiles to be manufactured by the said company.
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