Debock Industries Ltd., a part of the Debock Group ,engaged in three business verticals, viz. Farm Equipment & Seeds, with main focus on Mining, and Hospitality, in its EGM held on 10 October 2022 has approved Resolution for issue of bonus shares to equity share holders of the company.
Debock Industries Ltd.is a manufacturer and supplier of agricultural equipment including a range of cultivators, trailed-type disc harrow, MB plough, reversible land levellers, paddy harrow, and shrub master.
In the Hospitality vertical, Debock leases out properties to hotel operators that pay a fixed rental to Debock. The company owns a 30-room hotel and a 20-room resort at Deoli town in Rajasthan’s Tonk district, situated about 160 km from Jaipur. Debock has acquired a land
parcel in Jaipur and plans to develop it into a resort comprising 40 villas and 60 rooms.
Recently, Debock acquired leased granite mines for 99 years and has commenced Mining Operations from its Granite Mines of approx. 40 acres land situated near Kishangarh, the Marble and Granite hub of India. This land has a rich reserve of Granite.
Globally, the demand for Indian Granite is huge. India exports to more than 147 countries worldwide, yearly exported value of Granite is approx. $747 m, this business will always be in demand for at least the next 5 decades. The company is looking at mining and exploring the local as well as overseas markets.
The Debock Group division has recently done various MOUs with Tourism Department of Rajasthan Govt. under Resurgent Rajasthan Partnership Summit.