Vivanta Industries has entered into in-principle Memorandum of understanding (MoU) with M/s Ganesh Corporation, (i.e. Commodity Firm), whereby the said firm is planning to go under the process of being converted into the private company (i.e. Proposed Private Company), for acquisition of interest in it which is engaged in commodity business with various industries & having turnover of Rs 170 crore.
Whereby Vivanta Industries will acquire 51% stake in Proposed Private Company in lieu of 100% share swap mode based on valuation report to be issued by Registered Valuer.
Vivanta Industries engages in the business of Other Professional, Scientific And Technical Activities.
