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| Exchange Received Time 26/08/2019 17:01:18 Exchange Disseminated Time 26/08/2019 17:01:21 Time Taken 00:00:03 | This is to inform you that the Company has entered into a joint venture with Chetana Expotential Technologies Private Limited (Chetana), a Bangalore based engineering technologies company, to establish a Joint Venture Company (JV company) in India. Chetana has invented a technology in the field of Post Compressed Aerated Concrete Wall Panels. The JV company will be responsible for deploying this innovative technology and other ancillary products in projects in India, Sri Lanka and Bangladesh.
The Company shall be the majority partner in this joint venture.
The above transaction is not a related party transaction.
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