IGL-RVUNL Form New JV

  Published 7 months ago

IGL and RVUNL formed a JV with a 74:26 equity split, Rs 5 lakh capital.

  • JV board will have six directors, four nominated by IGL and two nominated by RVUNL.
  • Transaction executed at arm’s length, with no related party concerns or promoter group conflict of interest.
  • IGL markets and distributes CNG and PNG within Delhi’s national capital territory region efficiently and effectively.

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