GEE has entered into Memorandum of agreed terms with Cliff Conwell LLP for setting up a Private IT Park. The proposed LLP will be named as GEE Tropical Infrastructure. GEE will bring Development rights with agreed value at Rs 69.50 crores and Cliff Conwell LLP to introduce equal capital as its contribution in phased manner. The ratio of profit and loss of GEE and Cliff shall be 50:50.
GEE is an electronic component manufacturing company. It offers welding electrodes and related components such as covered electrodes, stainless steel covered electrodes, low heat input alloys, TIG filler wires, MIG/MAG filler wires, saw wires and fluxes, flux cored wires, and silver brazing rods.
