Joint Venture12 Jan 2024, 12:30 am
Markolines Pavement Technologies Ltd forms JV for highway maintenance projects
AI Summary
Markolines Pavement Technologies Ltd has formed a joint venture with another market player to participate in tendering process for highway maintenance projects. The company has contributed 50% of the capital in the joint venture and has reduced its stake to 17% in the current financial year.,
Key Highlights
- Entered into JV with another market player for highway maintenance projects
- Contributed 50% of the capital in the joint venture
- Reduced stake to 17% in current financial year