SYRMA SGS TECHNOLOGY LIMITED : JOINT VENTURE WITH KAGA ELECTRONICS INDIA PRIVATE LIMITED

• Company to invest approx. ₹15 Cr for up to 60% stake in a JV with Kaga Electronics India Private Limited to establish an advanced EMS manufacturing facility in India focusing on Japanese clients. • Kaga will invest approx. ₹10 Cr for up to 40% stake. • JV board to have 2 directors from each partner. Impact: Joint venture to establish advanced EMS manufacturing facility for Japanese clients

Syrma SGS Technology Ltd

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