Brief: Enkei Wheels India Enters JV Deal With Nikkei MC Aluminium, Century Metal Recycling And Enkei Corp, Japan

Enkei Wheels (India)

27/11/2019 12:01

Nov 27 (Reuters) - Enkei Wheels India Ltd  ENWL.BO :
    * ENTERS JV DEAL WITH NIKKEI MC ALUMINIUM, CENTURY METAL
RECYCLING
AND ENKEI CORPORATION, JAPAN
    * JV TO MAKE, IMPORT, EXPORT, PROCESS PRIMARY/SECONDARY
METAL,
RECYCLE METAL SCRAP, SELL ALUMINIUM ALLOYS IN MOLTEN, INGOT FORM
    * AUTHORISED AND PAID-UP SHARE CAPITAL OF JV WILL BE 450
MILLION
RUPEES
    * CO TO HOLD 7% STAKE IN JV

Source text: http://bit.ly/34AhYiV
Further company coverage:  ENWL.BO 

 ((Reuters.Briefs@thomsonreuters.com;))