Joint Venture21 Apr 2026, 02:15 pm
GEM Enviro incorporates 51% owned JV, GEM Ecomind Limited
AI Summary
GEM Enviro Management Ltd, in collaboration with Rudrabhishek Infosystem Private Limited, has incorporated a Joint Venture Company named "GEM ECOMIND LIMITED". The JV, incorporated on April 3, 2026, will focus on providing technical and technological solutions in recycling, waste management, sustainability, and eco-system conservation. GEM Enviro has invested ₹25,50,000 for a 51% stake, making GEM Ecomind a subsidiary and related party. The JV has an authorized share capital of ₹1,00,00,000 and a paid-up capital of ₹50,00,000.
Key Highlights
- GEM Enviro incorporated "GEM ECOMIND LIMITED" as a Joint Venture.
- The JV will provide tech solutions for recycling, waste management, and sustainability.
- GEM Enviro holds a 51% stake, investing ₹25,50,000.
- GEM Ecomind is now a subsidiary and related party of GEM Enviro.