Business Standard

Outcome of board meeting of Krypton Industries

Image

Capital Market

Held on 12 January 2018

The Board of Krypton Industries has proposed to do a Joint Venture to manufacture footwear & footwear components, with Modernzege Leather Products PLC, an Ethopian Company situated at Addis Ababa Ethiopia is engaged in manufacturing, sale and distribution of Leather products in Ethiopia and outside Ethiopia.

Further, the Company proposed to form a Private Company for the purpose of manufacturing, marketing, distributing and exporting footwear and related products. The expected initial investment will be of approx. USD 160,000.00 or approx 10 Million.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 12 2018 | 6:32 PM IST

Explore News