Mukand and Sumitomo Corporation, Japan to form JV

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Capital Market
Last Updated : Mar 30 2017 | 8:28 PM IST

To engage in business of rolling and finishing of alloy steel

Mukand (Mukand) and Sumitomo Corporation, Japan (SC) have agreed to enter into a joint venture to engage in the business of rolling and finishing of alloy steel. A share subscription and shareholders agreement was signed between the parties in Tokyo, Japan on 30 March 2017. The joint venture will be undertaken through Mukand Alloy Steels (MASPL).

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First Published: Mar 30 2017 | 7:38 PM IST

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