Monday , October 25 2021

Madhav Marbles & Granites’ arm enters into shareholders agreement with AKCAL

Madhav Marbles & Granites’ subsidiary — Madhav Ashok Venture has entered into Shareholders Agreement on September 30, 2019 with AI Khanjar Commercial Agencies LLC (AKCAL), a company based at Sultanate of Oman for formation of a Limited Liability Company (LLC) to set up the plant of manufacturing and processing of engineered stone at Oman.

It is proposed to incorporate a new LLC at Oman into which each party to the agreement shall subscribe to 50% of share capital.

Madhav Marbles & Granites is into the business of manufacturing marble items such as tiles, slabs and blocks. Further, it also manufactures granite and its items such as tiles.

Please share this news
<div id="taboola-below-article-thumbnails"></div>
<script type="text/javascript">
  window._taboola = window._taboola || [];
  _taboola.push({
    mode: 'thumbnails-a',
    container: 'taboola-below-article-thumbnails',
    placement: 'Below Article Thumbnails',
    target_type: 'mix'
  });
</script>