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Sanghvi Movers to infuse Rs 250 cr for expansion
New Delhi, Apr 15 (UNI) Country's largest crane hiring company, Sanghvi Movers Ltd, today said its board has approved expansion plan of Rs 250 crores for the financial year 2008-09.
The funds will be partly out of debt and partly out of internal accruals, said a statement.
The pue-based flagship company of the Sanghvi Group has a fleet of 300 medium to large sized heavy duty hydraulic and crawler cranes with capacity ranging from 20 tonns to 800 tonns.
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Story first published: Tuesday, April 15, 2008, 19:33 [IST]