Max Speciality Films inducts Toppan Printing Co., Japan as joint venture partner
Max Ventures and Industries announced that the Board of Directors of its material subsidiary Max Speciality Films has inducted Toppan Printing Co., Japan as the joint venture partner in Max Speciality Films in terms of the definitive agreement dated 10 February 2017. Max Ventures and Industries now holds 51% equity stake in Max Speciality Films and the balance 49% is held by Toppan through purchase of equity shares from Max Ventures and Industries and primary issuance by Max Speciality Films to Toppan.Powered by Capital Market - Live News