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Outcome of board meeting of Roto Pumps

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Capital Market

Held on 11 April 2014

Roto Pumps announced that the Board of Directors of the Company at its meeting held on 11 April 2014 has approved :

Setting-up of a joint venture company in Singapore. The joint venture company would further make strategic investments in the related field including business development of Company's products in African continent.

Setting-up of a wholly owned subsidiary company in United States to establish and grow significantly the sales and marketing of the Company's products in North America.

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First Published: Apr 12 2014 | 11:16 AM IST

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