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Technocraft Industries incorporates Joint Venture

07 Jun 2019 Evaluate

Technocraft Industries (India) has incorporated an LLP as a Joint Venture for providing service of recruitment/ training of highly educated/skilled people from India to overseas corporates.

The name of the Joint Venture is Benten Technologies LLP. Capital contribution and Profit/Loss sharing ratio shall be in the ratio of 50:50. Total initial capital contribution is Rs 1 lakh of which Technocraft Industries (India) shall contribute 50% i.e. Rs 50,000 and other partner shall contribute Rs 50,000.

Technocraft Industries (India) is engaged in the manufacturing of drum closures, tubes and scaffoldings, knitted and crocheted cotton fabrics, textile garments, and preparation and spinning of cotton fiber.

Peers
Company Name CMP
JSW Steel 1169.00
Tata Steel 173.60
Steel Authority 171.50
Jindal Stainless 707.85
APL Apollo Tubes 2105.10
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