Joint Venture21 Nov 2024, 02:54 am
JTL Industries Ltd Enters Special Purpose Joint Venture Agreement with M/s Singla Constructions Limited
AI Summary
JTL Industries Ltd has entered into a special purpose Joint Venture Agreement with M/s Singla Constructions Limited to participate jointly in a Railway Tender and further to execute the contract, if the same is awarded to this Joint Venture. This agreement does not fall within related party transactions and there is no potential conflict of interest arising out of this agreement.
Key Highlights
- JTL Industries Ltd has entered into a special purpose Joint Venture Agreement with M/s Singla Constructions Limited
- The purpose of the agreement is to jointly participate in a Railway Tender
- The agreement does not fall within related party transactions
- There is no potential conflict of interest arising out of this agreement