Sagardeep Alloys Limited has started Trial Production of Copper Sulphate. The samples of the same are being distributed to prospective buyers. The Commercial Production will be started once the Company will receive Consent to Commence (COC) from the Gujarat Pollution Control Board (GPCB)'. The Company is expecting to receive the same within a week'
The company had decided to expand its business in the segment of production of “Copper Sulphate and Ferrous Sulphate” in October. In respect of which the company had decided to take on lease a factory land with factory shed constructed thereon situated at G.I.D.C, Chhatral, Tal: Kalol, Dist: Gandhinagar, Gujarat, India from Shri Hari Industries, a proprietorship concern of Satish A. Mehta, Managing Director of the company for a period of 11 months and 29 days along with the Gujarat Pollution Control Board (GPCB) Consent to Establish for the manufacturing of Copper Sulphate and Ferrous Sulphate.
At around 11.45 am, the company stock was trading flat at Rs36.60 on the NSE.