Joint Venture16 Sept 2025, 11:13 am
ASK Automotive Ltd Incorporates Joint Venture Company 'ASK GTD CONTROL CABLES PRIVATE LIMITED'
AI Summary
ASK Automotive Ltd has incorporated a Joint Venture Company named 'ASK GTD CONTROL CABLES PRIVATE LIMITED' with T.D. Holding GMBH, Germany. This is pursuant to the Joint Venture Agreement for manufacturing, marketing, and selling sunroof control cables and/or helix cables for passenger vehicles. The Ministry of Corporate Affairs, Govt. of India, has intimated about the incorporation of the JV Co. on September 15, 2025.
Key Highlights
- ASK Automotive Ltd and T.D. Holding GMBH, Germany have incorporated a Joint Venture Company.
- The JV Company, named 'ASK GTD CONTROL CABLES PRIVATE LIMITED', has been incorporated on September 15, 2025.
- The JV Co. will manufacture, market, and sell sunroof control cables and/or helix cables for passenger vehicles.
- The Joint Venture Agreement was executed on a previous date, as per the company's earlier intimation.