Carborundum Universal commissions manufacturing facility

Carborundum Universal Ltd has informed that the Company had commissioned in December 2006 a state-of-the-art Coated Abrasives manufacturing facility at Sriperumbudur near Chennai. Following this, the manufacturing operations of the Coated Abrasives plant at Pallikaranai near Chennai was discontinued subsequently and the plant was closed this month. The Company has now disposed off the land and building at Pallikaranai for a consideration of about Rs 58 crores.