Joint Venture12 Feb 2026, 04:10 pm
Artson Ltd Executes Joint Venture Agreement with Malabar Cements Limited
AI Summary
Artson Ltd, a TATA Enterprise, has executed a Joint Venture Agreement with Malabar Cements Limited (MCL), Kochi, Kerala, on 12th February 2026. The JV aims to utilize Artson's execution capabilities in the maritime industry and MCL's waterfront land. The profit/loss sharing ratios are based on dynamic slabs. Artson and MCL will have three and two representatives, respectively, on the supervisory board of the JV. The JV will have access to a waterfront of Approx. 45m within the total land of Approx. 7.00 acres.
Key Highlights
- Execution of Joint Venture Agreement between Artson Ltd and Malabar Cements Limited
- JV aims to utilize Artson's execution capabilities in the maritime industry and MCL's waterfront land
- Profit/loss sharing ratios are based on dynamic slabs
- Artson and MCL will have three and two representatives, respectively, on the supervisory board of the JV
- JV will have access to a waterfront of Approx. 45m within the total land of Approx. 7.00 acres