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Board of Rushil Decor approves JV with Modala Panels and Boards

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At meeting held on 22 February 2024

The Board of Rushil Decor (RDL) at its meeting held on 22 February 2024 has approved to incorporate a subsidiary company by entering into a joint venture agreement with Modala Panels and Boards through its proprietor Dr M N Rao.

The proposed shareholding of RDL & Modala group in the proposed new joint venture company will be in ratio of 51% and 49% respectively.

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First Published: Feb 22 2024 | 10:22 AM IST

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