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Board of ACC approves renewal of technology agreement with Holcim Technology

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Capital Market
Last Updated : Dec 23 2020 | 6:50 PM IST

At meeting held on 23 December 2020

The Board of ACC at its meeting held on 23 December 2020 has approved the renewal of the existing Technology and Know-How Agreement (TKH Agreement) with Holcim Technology (HTL) under which the Company pays TKH fees @1% of net sales each year, to HTL, for a period of 2 years w.e.f. 01 January 2021, i.e., on the same terms of the existing TKH Agreement.

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First Published: Dec 23 2020 | 6:36 PM IST

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