ALPHA TRIBE

Calcom Vision LtdUpdates, 24-05-2025: Company Update

24-05-2025 | 08:10 pm

Calcom Vision Limited has announced a board meeting to approve an investment of up to Rs 2 Crores in its joint venture, Calcom Taehwa Techno Private Limited, which manufactures BLDC fans. The company will subscribe to equity shares at face value, maintaining its 50% shareholding. This infusion aims to support Calcom Taehwa’s operating expenses and business expansion. The investment timeline will depend on the JV’s funding needs, and the transaction is at arm’s length despite the joint venture being a related party, with a key executive linked to both companies.

No comments yet. Be the first to comment!

All announcements from Calcom Vision Ltd