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| Exchange Disseminated Time | Mudra Lifestyle Ltd has informed BSE that the Company had come out with an IPO in the February 2007 for the Mega expansion project (Phase I) of Rs 177 Crores along with the financial assistance of Banks. In this regards, the Company has informed that the weaving division of Mega Expansion Project (Phase I) has been started from March 19, 2009 and division of Yarn Dyeing and Process house will be operative in the last week of March 2009.
The Company has also undertaken the Phase II of said Mega Expansion Project and the Civil work for Phase II has been commenced. Simultaneously the order for machineries are being placed and the said project will be operative in the month of September 2009. |
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