Keerthi Industries has bagged an on-shore contract in KG basin.
In a statement, the company said it was awarded the onshore contract area of KG/ONDSF/Gokarnapuram/2018 in KG basin under the Discovered Small Field Bid Round – II of offer contract areas.
Formerly Suvarna Cements, Keerthi Industries diversified from cement to power, electronics, and sugar, and distillery.
According to the company’s website, it has been engaged in the manufacture of cement since 1986. “Company has been registered in BIFR since, 1989. The present Management has taken over in 1999-2000 and turned around the company and made net worth positive. The company was de-registered from BIFR in 2002. In tune with the management’s vision of diversifying into other area, the name of the company was changed to Keerthi Industries ltd in 2005.”
Image credit : financialspreads.com