# Syrma SGS completes JV share allotment with SH Electronic for PCB manufacturing

Syrma SGS Technology Limited completed the share allotment for its joint venture with South Korea's SH Electronic Co. Limited, receiving a 75% stake in Syrma Strategic Electronics Private Limited. The JV focuses on manufacturing multi-layer PCBs, flexible circuits, and copper clad laminates.

- Type: Partnership
- Announced: 2025-07-15
- Where: India
- Status: completed
- Products: multi-layer PCBs, flexible circuits, copper clad laminates
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Syrma SGS Technology](https://endata.com/companies/19020.md)
- [SH Electronic Co. Limited](https://endata.com/companies/86001.md) (partner)

## Sources

- [scanx.trade](https://scanx.trade/stock-market-news/corporate-actions/syrma-sgs-forms-strategic-partnership-with-south-korea-s-shinhyup-electronics-for-advanced-pcb-production/14112300), 2025-07-15: "The company announced the completion of share allotment in their joint venture company, Syrma Strategic Electronics Private Limited, marking the operational commencement of their PCB manufacturing collaboration."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.