Karnataka Minerals and Manufacturing Company

KARNATAKA MINERALS AND MANU-FACTURING COMPANY, which is setting up a mini-cement plant with a capacity of 66,000 tonnes per annum at Mathod village in Chitm-durga district of Karnataka, is coming to the market with a public issue of 13.40 lakh equi-ty shares of Rs 10 each at par. Out of total issue; 5.3 lakh shares have been reserved for preferen-tial allotment to non-resident Indians. Subscrip-tion list for non-residents will open on December 1 and that for Indian public on December 12. Installation of plant has been nearly completed and trial runs are expected to commence by end of January next.