Brief: India's Omax Autos Approves Proposal For Diversification, Expansion Of Existing Capacity
07/06/2018 13:28
June 7 (Reuters) - Omax Autos Ltd OMXA.NS :
* APPROVED PROPOSAL FOR DIVERSIFICATION, EXPANSION OF
EXISTING
CAPACITY FOR MANUFACTURING PRODUCTS, EQUIPMENT SUPPLIED TO
RAILWAYS.
* INVESTMENT REQUIRED FOR EXPANSION TO BE 1 BILLION RUPEES
TO 1.20
BILLION RUPEES
Source text - https://bit.ly/2Ji7j5R
Further company coverage: OMXA.NS
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Omax Autos
See all newsBrief: Omax Autos Says All Critical It Systems Fully Restored And Functioning Normally After Ransomware Attack Last Month
Brief: Omax Autos Updates On Cyber Security Incident
Brief: Omax Autos Ltd Confirms Ransomware Attack On It Infrastructure
Brief: Omax Autos Dec-Quarter Profit 122.2 Million Rupees
India's Omax Autos rises after tax penalty dropped