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| Exchange Disseminated Time | TRF Ltd has informed BSE that the Company has entered in to a Shareholders Agreement along with M/s. Tata Capital Ltd and Jasper Industries Pvt. Ltd to form a Joint Venture viz "Adithya Automotive Applications Pvt. Ltd"
"Adithya Automotive Applications Pvt. Ltd" is a Private Limited Company constituted with one of the main objects of engaging in the business of automotive applications to provide end solutions through fabrications and machining for vehicles to be used as tippers, load bodies, trailers, refrigerated bodies, etc.
The Shareholding pattern of the Joint Venture of "Adithya Automotive Applications Pvt Ltd" would be as follows:
1. Name of the Company : TRF Ltd
- Shareholding(%) : 51%
2. Name of the Company : Jasper Industries Pvt. Ltd
- Shareholding(%) : 29%
3. Name of the Company : Tata Capital Ltd
- Shareholding(%) : 20%. |
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