StarBigBloc Building Material plans capacity expansion and new plants

StarBigBloc Building Material Ltd, a subsidiary of BigBloc Construction, plans to raise funds via SME IPO or preferential issue to expand production capacity from 250,000 to over 1.2 million cubic meters per annum over 4-5 years, including two new greenfield plants in Chennai, Tamil Nadu and North India (Delhi/Haryana).

“The Board of Directors approved the fund-raising at a meeting on May 23, 2024.”ahmedabadmirror.com

• 1 source
• ahmedabadmirror.comBigBloc Construction evaluates SME IPO or Preferential issue for its wholly owned subsidiary StarBigBloc Building Material LtdMay 28, 2024

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