Corporate Announcement
Security Code : 532804    Company : TIIL    
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseDownload PDFDownload XBRL
  Exchange Received Time  15/02/2019 14:50:11         Exchange Disseminated Time   15/02/2019 14:50:21              Time Taken   00:00:10
Technocraft Industries (India) Limited (herein after referred as 'Technocraft') is pleased to announce the opening of its scaffolding distribution operations in New Zealand.
A new wholly owned subsidiary company called Technocraft (NZ) Ltd. has been incorporated in New Zealand and we have appointed TANA Group (herein after referred as 'TANA') based out of Auckland as our exclusive distributor of our Scaffolding products in New Zealand. TANA is a well established scaffolding sales and service company in New Zealand and will now be exclusively carrying the full range of Technocraft's Tech Ring scaffolding system for sales in New Zealand. We expect New Zealand to generate $10 M - $15 M sales in over next 2 years. This is another feather in our cap as we strive to become the largest fully integrated scaffolding manufacturer and distributor in the world


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