Finally it comes, although not finalized, but the market rumours triggerd this Exchange filing.
“Pursuant to Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that we are currently in discussions with KATO WORKS CO LTD., a Japanese global construction equipment manufacturer of Mobile Cranes, Excavators and other equipment (hereinafter referred to as KATO) to establish a joint venture in India, and the two Companies plan to sign a formal contract as soon as they reach an agreement on the terms.” Exchange Filed JV Notification Link
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