Joint Venture14 Sept 2024, 01:39 am
Cupid Trades & Finance Ltd. Enters Service Agreement with Steinecker GmbH for Halal Beer Production
AI Summary
Cupid Trades & Finance Ltd. (Formerly known as Cupid Breweries and Distilleries Limited) has entered into a Services Agreement with Steinecker GmbH, a German-based company. The agreement is for the supply of equipment for Cupid Trades & Finance Ltd.'s upcoming Greenfield Beverage factory in Ras al Khaimah, UAE. The supplier, Steinecker GmbH, will provide technology and equipment to produce Halal, certified non-alcoholic beer.
Key Highlights
- Cupid Trades & Finance Ltd. has entered into a Services Agreement with Steinecker GmbH for their upcoming Greenfield Beverage factory.
- The agreement involves the supply of equipment for the production of Halal, certified non-alcoholic beer.
- The factory will be located in Ras al Khaimah, UAE.
- Steinecker GmbH is a German-based company.
- The agreement is in line with the regulations of SEBI (Listing Obligations and Disclosure Requirements)