Corporate Announcement
Security Code : 524230    Company : RCF    
 
RCF - Joint Venture with Future Products Pvt Ltd 
  Exchange Disseminated Time     
Rashtriya Chemicals & Fertilizers Ltd (RCF) has informed BSE that the Company has undertaken a project to manufacture Wall panels, putty and other related products by using Gypsum. The project is in final stage of completion and the plant is likely to start production by end of April, 2009. To market the products, RCF has signed an Agreement with M/s Future Products Pvt Ltd, to set up a Pvt. Ltd., Company (JVC). The proposed Company will have an authorised capital of Rs 5 crore and paid-up capital of Rs l.50 crore. The two partners will have equal shareholding in the proposed Company.
 

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