Others

Sathavahana Ispat Ltd. - The Company Has Entered An Agreement To Operate, Maintain And Manage The Manufacturing Facilities With JINDAL SAW Ltd

| Updated on August 02, 2019 Published on August 02, 2019

This is to inform you that the Company has entered into in an Operation, Maintenance and Management Agreement with JINDAL SAW LIMITED (CIN : L27104UP1984PLC023979). Under the above Agreement, JINDAL SAW LIMITED has agreed to operate, maintain and manage the manufacturing facilities of SATHAVAHANA ISPAT LIMITED for a period of 3 years which may be extended for a maximum period of 10 years subject to certain conditions as provided in the Agreement.

Under the above Agreement, JINDAL SAW LIMITED shall manufacture and sell the products, namely, ductile iron pipes, pig iron and coke and all other related items under its brand name during the term of the Agreement in consideration of the rentals as defined in the above Agreement.

The above arrangement will be effective upon receipt of all necessary statutory and other approvals.

A Copy of this announcement will be disseminated on the website of the company at www.sathavahana.com

This is for your information and record

Pdf Link: Sathavahana Ispat Ltd. - The Company Has Entered An Agreement To Operate, Maintain And Manage The Manufacturing Facilities With JINDAL SAW Ltd

Source : BSE - www.bseindia.com

Published on August 02, 2019
This article is closed for comments.
Please Email the Editor