To manufacture high pressure pumps and valves
Bemco Hydraulics announced that the Board of Directors of the Company have through a circular resolution passed on 06 January 2015, decided to form a subsidiary company to undertake manufacture of specialized kind of high pressure pumps and valves along with one Jagdish Joshi, who holds the expertise in the field on 80:20 basis i.e. Bemco's investment would be 80% in the form of working capital & infrastructure and that of Jagdish Joshi 20% in the form of technology & design.The proposed name of the Company is under approval stage with the officials of Ministry of Corporate Affairs and the same would be intimated once approved by MCA authorities.
Powered by Capital Market - Live News
