Alan Scott Industries inks MoU with Nanoveu to form new JV Company

Alan Scott Enterprises Ltd. | Textile | Textiles & Apparels | BSE: 539115 | NSE:

28 Jul 2022 Evaluate

Alan Scott Industries has entered into Memorandum of Understanding (MoU) with Nanoveu to establish a new Joint Venture (JV). A new JV Company in the name and style of 'Alan Scott Nanoveu India.' has been incorporated in which Alan Scott will hold 51% of its issued, subscribed and paid-up capital and Nanoveu will hold 35%. The JV shall will focus on selling & distribution of antibacterial surface protectants, wellness, indoor air and environment, energy efficiency & lifestyle products in India.

Alan Scott Industries is a premium apparel brand for high quality fashion wear

Peers

Company Name	CMP
Vardhman Textiles	568.20
Welspun Living	222.30
Arvind	566.80
Raymond Lifestyle	706.20
K.P.R. Mill	1132.20
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.