In September 1995, the company initiated a public issue to partially finance its expansion endeavors, aiming to elevate its installed capacity from 19,200 TPA to 52,800 TPA. Following this, a strategic partnership with Red Granite, Dubai, was forged to export 50% of the production. Additionally, the company diversified its operations into marble during the fiscal year 1996-97.
With over two decades of experience in manufacturing and exporting Granite Tiles, Marble Tiles, Sandstones, and Cobblestones, Mayur Floorings Ltd established and operated granite and marble processing facilities. However, dwindling reserves of stone and marble in the vicinity compelled the closure of these processing facilities. Subsequently, the company ventured into mineral-based industries, focusing on the manufacturing and processing of mineral powders primarily derived from marble and dolomite. Furthermore, it possesses the capability to process various other minerals, including quartz, feldspar, and calcite.