Incorporated as a private limited company in Jan.'92, Mayur Floorings was converted into a public limited company in Dec.'94. Promoted by Mahavir N Sundrawat and Mukesh N Sundrawat, the company has its manufacturing facilities at Banswara, Rajasthan, to manufacture polished granite slabs with an installed capacity of 19,200 tpa.
The company came out with a public issue in Sep.'95 to part-finance its expansion programme to increase the installed capacity from 19,200 tpa to 52,800 tpa.
The company has entered into an agreement with Red Granite, Dubai, for exporting 50% of its production for five years.
The company has diversified its activity towards marble during the year 1996-97.