Sarthak Industries Ltd has informed the BSE that the company has decided to diversify in the business of mining and industries based thereon.
To initiate the same, it has made several mining applications for allotment of major minerals in Madhya Pradesh, Maharashtra and Karnataka for securing continuous availability of raw material through its own mines.
These initiatives have now resulted in the form of securing in principle approval for a manganese ore mine spread over an area of 95 hectares in Chhatarpur district of Madhya Pradesh.
For other mining applications, the company expects to get approval very soon. In near future, full fledged mining activities in these mines will start
Source: The Hindu Business Line
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