Mayur Floorings Ltd, established in 1992 and becoming a public company in 1994, initially specialized in manufacturing polished granite slabs. The company, led by Mahavir N Sundrawat and Mukesh N Sundrawat, is located in Banswara, Rajasthan, with an initial production capacity of 19,200 TPA. Following a public issue in 1995, it expanded its capacity to 52,800 TPA and secured an export agreement with Red Granite, Dubai.
Over time, Mayur Floorings diversified into marble tiles, sandstones, and cobblestones manufacturing. However, due to depleting local stone reserves, the company transitioned into manufacturing and processing mineral powders, primarily from marble and dolomite. It also processes other minerals like quartz, feldspar, and calcite, adapting its operations to sustain its business in the mineral industry. This strategic shift reflects its ability to evolve and maintain relevance in the changing market landscape.
