Oval Projects JV Company Incorporated

Oval Projects Engineering Ltd announced the incorporation of its Joint Venture company, Oval Eiko Resources Private Limited, on November 12, 2026. The JV is established with Eiko Scientific Solutions LLP, with both entities holding a 50% stake. The initial issued share capital is INR 5,00,000 (INR 5 Lakhs). The JV aims to operate in renewable energy, compressed biogas, condensate stabilization units, industrial fuel and chemicals, essential oils, and engineered wood. While a formal JV agreement is pending, initial director appointments and capital contributions have been made on a 50:50 basis.