Joint Venture7 Mar 2024, 11:52 pm
REMSONS INDUSTRIES LTD. FORMS JOINT VENTURE WITH AIRCOM GROUP AG
AI Summary
The company has incorporated a joint venture company with Aircom Group AG, Switzerland, to undertake the business of manufacturing, import, export, and sale of tyre puncture kits and related products. The joint venture company, Aircom Remsons Automotive Private Limited, has a capital ratio of 26:74 between the company and Aircom Group AG, respectively.,
Key Highlights
- Joint venture with Aircom Group AG
- Incorporation of Aircom Remsons Automotive Private Limited
- 26:74 capital ratio between the company and Aircom Group AG
- Business of manufacturing, import, export, and sale of tyre puncture kits and related products