Bigbloc Construction Ltd purchases land for factory at Wada

Bigbloc Construction Ltd has purchased the land for plant/factory at Wada, Palghar District, Maharashtra, of 38,000 sq. mtrs.in the name of 'Bigbloc Building Elements Private Limited', a wholly owned subsidiary of Bigbloc Construction Limited, under the expansion project. The company intends to starts its operation in the current financial year i.e., F.Y. 2022-23.

Further the Company should be eligible for subsidy under Package Scheme of Incentives - 2019 (PSI) announced by Government of Maharashtra.

Source : Equity Bulls

Keywords

BigblocConstruction LandPurchase Wada Factory ExpansionProject