Fraser and Company Ltd expands RMC business

Fraser and Company Ltd has expanded its line of business for providing RMC (Ready-mix concrete) to RCC Infra Ventures Limited, which they ultimately supplies to MMRDA (Mumbai Metropolitan Region Development Authority) for construction of viaducts in MUMBAI.

The company has been granted the in principal approval on 04th of October, 2018 and Listing approval on 14th of November, 2018 respectively for shares issued and allotted on preferential basis. Also, the Company is in the process to file the requisites for obtaining Trading approval from BSE.

Source : Equity Bulls

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