- V‑MARC India Limited (NSE: VMARCIND) has entered a strategic joint venture, V‑MARC‑ANNAPURNA JV, with Annapurna Rathi Cable Industries Limited to supply Medium Voltage Covered Conductors (10 kV–36 kV) in Nepal.
- The JV became effective on 9 Oct 2025 and will remain active until 31 Mar 2030 (or earlier termination).
- V‑MARC’s participation share: 70 % in FY 2026‑27, 60 % in FY 2027‑28 & FY 2028‑29, and 50 % in FY 2029‑30; no upfront capital, equity acquisition, or cash consideration is involved.
- The arrangement is deemed material to V‑MARC’s long‑term growth, providing market access, technology exposure, and a foothold in Nepal’s power‑transmission sector.
- Disclosure satisfies SEBI (LODR) Regulation 30 and is posted per Regulation 46; there is no change in the shareholding pattern.
V‑MARC India’s JV announcement is likely to lift the stock modestly as investors see upside from new international exposure without immediate cash outlay. The move should be viewed positively but the effect may be limited to the short term.
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Forecast from comparable, historic events. Not investment advice.
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