Lanco Industries Ltd's borad of directors have approved a project to erect a 300,000tpa mini cement plant with a rotary kiln at an estimated cost of US$22.7m (INR125Crore) in place of existing vertical shaft kiln. The decision was made at a company meeting held on 10 November 2012.
The Lanco Industries Ltd stock was trading at INR27.25, up by INR0.70 or 2.64%.
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