Kundan Minerals and Metals Appoints New Chairman, Plans Major Investment

Kundan Minerals and Metals Ltd has appointed Varun Gupta as its new Chairman. Mr. Gupta brings extensive experience in fiscal strategy, business development, and corporate affairs to the role. In a separate development, the company announced plans to invest 300 million rupees in Kundan Concentrates, its metal extraction subsidiary. This investment aims to enhance the company's processing capacity, which currently stands at 3,000 tons per month. Kundan Concentrates specializes in recovering valuable metals such as gold, copper, silver, and platinum from ore concentrates, supported by a NABL-accredited laboratory.

Sources: Kundan Minerals and Metals Ltd website, Kundan Group website