BOM:544466

2 stories mentioning BOM:544466Updated 8d ago

Every FINWIRES story that references BOM:544466, newest first.

Aditya Infotech Sets Up Cable Manufacturing JV

Aditya Infotech (NSE:CPPLUS, BOM:544466) has incorporated a joint venture company named Corelink Cable Technology with Orient Cables (India), according to a Wednesday filing to the Indian stock exchanges.Aditya Infotech and Orient Cables each hold 50% of the JV, which will be primarily engaged in the manufacturing of electric cables, including LAN cables and CCTV cables, as well as related products.The company's shares were down nearly 1% in recent trade.

BOM:544466NSE:CPPLUS

Asia64d ago

Aditya Infotech to Form Joint Venture with Orient Cables; Shares Up 6%

Aditya Infotech (NSE:CPPLUS, BOM:544466) signed an agreement with Orient Cables (India) to form a 50:50 joint venture for manufacturing electric cables, according to a Thursday filing to the Indian stock exchanges.The company's shares were up nearly 6% in recent trade.The proposed joint venture company includes LAN and CCTV cables, terminated assemblies, electric cables, and connectors, and allied products.Under the deal, the products manufactured by the joint venture will be supplied to Aditya Infotech and its affiliates, as well as to Orient for further sale to identified customers.Following the investment by Aditya Infotech, the joint venture will become an associate of the company.

BOM:544466NSE:CPPLUS

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