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20 Microns in talks with German based company for joint venture in India

04 Oct 2023 Evaluate

20 Microns is in discussion with Sievert Baustoffe Auslandsbeteiligungen GmbH, a German Based Company for formation of Joint Venture Company in India which will undertake production of Construction Chemicals and Building Material related products. 

Further, inter alia, the capital to be infused for incorporation of the Joint Venture Company by both the parties is at negotiation stage. The Company has received the Term Sheet in relation to said Joint Venture agreement which is executed on October 04, 2023.

20 Microns is engaged in Business of Industrial Micronised Minerals and Speciality Chemicals.


Peers
Company Name CMP
Coal India 411.85
NMDC 79.70
Ashapura Minechem 525.80
Sandur Manganese 185.45
GMDC 556.60
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