Darjeeling Industriies' subsidiary--Novva Defence Iinds has entered a Memorandum of Understanding (MoU) with SJ Construction (Partnership Firm) to acquire 51% of the ownership stake SJ Construction.
This collaboration opens up new market opportunities, allows the company to leverage SJ Construction’s proven expertise, and enables the creation of synergies that will drive growth and long-term value. By diversifying the company’s business portfolio, the company aims to strengthen its position in this fast-evolving sector and extend the company’s reach to a broader customer base.
Darjeeling Industriies (formerly known as Darjeeling Ropeway Company) is incorporated on October 16, 1936 in the state of west Bengal. The main object of business is to construct, purchase, lease and work ropeways, treamways or other forms of transport whether electrical.
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