Joint Venture17 Feb 2026, 05:45 pm
GEM Enviro Management Ltd to Incorporate Joint Venture Company with Rudrabhishek Infosystem Private Limited
AI Summary
GEM Enviro Management Ltd announced the incorporation of a Joint Venture Company in collaboration with Rudrabhishek Infosystem Private Limited. The Joint Venture Company aims to provide technical and technological solutions in recycling, waste management, sustainability, and eco-system conservation. The proposed subsidiary, Nova GEM Limited, will have an authorized share capital of Rs. 1,00,00,000 and a paid-up share capital of Rs. 50,00,000. The Joint Venture agreement is yet to be finalized and executed.
Key Highlights
- GEM Enviro Management Ltd to incorporate a Joint Venture Company with Rudrabhishek Infosystem Private Limited
- The Joint Venture aims to provide technical and technological solutions in recycling, waste management, sustainability, and eco-system conservation
- The proposed subsidiary, Nova GEM Limited, will have an authorized share capital of Rs. 1,00,00,000 and a paid-up share capital of Rs. 50,00,000
- The Joint Venture agreement is yet to be finalized and executed
- The proposed subsidiary will deal in providing technical and technological solutions in sustainability areas