Joint Venture6 Jan 2026, 03:55 pm
Uma Exports Ltd to Establish a Limited Liability Partnership for Real Estate Activities
AI Summary
Uma Exports Ltd announced the decision made in a Board Meeting to enter into a Limited Liability Agreement with Multicon Residences LLP for the incorporation of a Limited Liability Partnership (LLP). The Company will contribute 50% capital and become a partner in the proposed LLP. The LLP will carry out real estate, renting, and business activities. The proposed incorporation is expected to take approximately one month with an initial investment of INR 50,000.
Key Highlights
- Uma Exports Ltd to form a Limited Liability Partnership with Multicon Residences LLP
- Company to contribute 50% capital and become a partner in the LLP
- LLP to carry out real estate, renting, and business activities
- Expected incorporation time of approximately one month
- Initial investment of INR 50,000