Joint Venture7 Feb 2026, 09:33 pm
Euro Pratik Sales Ltd Enters Joint Venture to Form New LLP for Surface Decorative Products in Southern India
AI Summary
Euro Pratik Sales Ltd has entered into a joint venture agreement with Mr. Srikanth Mundada and his nominees to form a new joint venture Limited Liability Partnership, Hues Plydecor LLP. The new entity will carry on the business of surface decorative products in Southern India. The company will contribute up to Rs. 1000.00 Lakh, holding 51% of the total contribution. The joint venture is expected to be completed within 3 months. No government or regulatory approvals are required.
Key Highlights
- Euro Pratik Sales Ltd enters joint venture with Mr. Srikanth Mundada and his nominees
- New joint venture LLP to be formed named 'Hues Plydecor LLP'
- Focus on surface decorative products in Southern India
- Company to contribute up to Rs. 1000.00 Lakh holding 51% of total contribution
- Expected completion within 3 months with no regulatory approvals required