MoU21 Aug 2024, 05:28 am
Techknowgreen Solutions Ltd Enters MoU with ARK Sustainable Technologies for Joint Business Venture
AI Summary
Techknowgreen Solutions Ltd (TSL) has entered into a Memorandum of Understanding (MoU) with ARK Sustainable Technologies Private Limited (ASTPL) on 19th August 2024. The MoU, which is notarised and Apostille, is aimed at promoting a joint business venture between the two companies. The venture will focus on cross-selling services, research and development in environmental science, climate change, and sustainability, and technology implementation. The profit sharing ratio between TSL and ASTPL is 75:25. The venture will operate in various areas of the environment and sustainability, with financial consideration based on a project-to-project basis.
Key Highlights
- TSL and ASTPL entered into a Memorandum of Understanding on 19th August 2024
- The MoU aims to promote a joint business venture between the two companies
- The venture will focus on cross-selling services, research and development, and technology implementation in areas of environmental science, climate change, and sustainability
- The profit sharing ratio between TSL and ASTPL is 75:25
- The venture will operate in various areas of the environment and sustainability, with financial consideration based on a project-to-project basis