Nitco Tiles

Nitco Tiles Ltd has informed BSE that Import of marble blocks is in the negative list of imports and can be imported only against a license issued by Directorate General of Foreign Trade (DGFT), Ministry of Commerce. As per the Marble Import policy, licenses are being issued only to eligible marble processing units. For the year 2007-08, the Company has been granted a License to import marble blocks of 15895 tons, which is 11% of the total licenses issued for the year 2007-08 by DGFT.