Madhav Marbles & Granites Limited has decided not to set up a plant for manufacturing and processing of Quartz at Udaipur, Rajasthan through its Subsidiary Madhav Natural Stone Surfaces Private Limited due to the petition filed with the U.S. Department of Commerce (Commerce) and the U.S. International Trade Commission (Commission) seeking antidumping and countervailing duties on imports of certain quartz surface products from India. The matter is under determination and investigations and the final decision will come around in June 2020

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