StockWatch
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Non Banking Financial Company (NBFC)
MoU6 Nov 2026, 06:50 pm

Odyssey Corp Signs MOU for Agricultural Commodity Trading

AI Summary

Odyssey Corporation Ltd has entered into a Memorandum of Understanding (MOU) with Sinton Agribid Trading Private Limited to engage in trading activities for cereals, pulses, and other agricultural commodities. Under the agreement, Sinton Agribid Trading Private Limited will manage suppliers, buyers, and trading operations, ensuring the return of Odyssey Corporation's invested capital along with an agreed minimum profit. Any losses will be borne by Sinton Agribid Trading Private Limited, while any surplus profit will be shared between the two entities as mutually agreed.

Key Highlights

  • Odyssey Corp enters MOU for agricultural commodity trading.
  • Sinton Agribid to manage suppliers, buyers, and trading.
  • Minimum profit and capital return guaranteed by partner.
  • Profit sharing mechanism in place for surplus earnings.