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BSE SENSEX
72,776.13
+111.66
+0.15 %
Corporate Announcement
Security Code
544022
Company
ASK Automotive Ltd
Exchange Received Time
24/04/2024 12:07:06
Exchange Disseminated Time
24/04/2024 12:07:07
Time Taken
00:00:01
Board Meeting Outcome for Board Approval To Enter Into Joint Venture |
4/24/2024 12:07:07 PM
This is to inform you that the Board of Directors of the Company, at their Meeting held on 24.04.2024 (which commenced at 11:00 AM and concluded at 11:50 AM), granted their approval for entering into a joint venture with Aisin Asia (Thailand) Company Limited, Thailand ('AA-T') and AISIN Automotive Haryana Private Limited, India, ('AHL') (AA-T and AHL collectively 'AISIN Group Companies'), for marketing and selling of the Independent After Market ('IAM') parts for passenger cars, through a joint venture company ('JV Co.'), which will be incorporated after execution of Joint Venture Agreement ('JVA').
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