Established on November 5, 1984, Elegant Marbles and Grani Industries was founded by Rajesh Agrawal and Rakesh Agrawal. Specializing in the marketing and processing of marble and granite, the company recognizes granite as a significant structural and decorative material. Polished granite slabs are highly sought-after for various applications, including exterior finishing on buildings, tabletops, tombstones, and other ornamental purposes. In addition to offering a diverse range of colors and patterns, granite boasts several advantages such as zero moisture absorption, exceptional strength and durability, resistance to weather and extreme climates, and low maintenance costs.
To finance the expansion of their polished granite slab capacity from 16,100 square meters per annum to 58,900 square meters per annum, the company initiated a public issue in December 1994 at a premium of Rs 25 per share. As of March 2002, the total installed capacity for marble and granite stood at 80,000 square meters and 16,100 square meters, respectively.
To finance the expansion of their polished granite slab capacity from 16,100 square meters per annum to 58,900 square meters per annum, the company initiated a public issue in December 1994 at a premium of Rs 25 per share. As of March 2002, the total installed capacity for marble and granite stood at 80,000 square meters and 16,100 square meters, respectively.
