Maad Mines and Minerals Private Limited (MMPL) is undertaking a project for manufacturing of bricks (using fly ash) and pavers with an estimated cost of Rs. 21.00 crore which is financed through the term loan of Rs.16.00 crore and balance through the unsecured loans from the promoters. The company has already incurred cost of around Rs. 13.00 crore as on May 31, 2014 and the project is expected to be completed by the end of August 2014.
MMPL is promoted by Arvind Singh and Anil Gupta. The company is presently engaged in production of aggregates, sand mining and sand washing.