Kansai Nerolac Paints and Polygel Industries form joint venture

Kansai Nerolac Paints entered into a joint venture agreement with Polygel Industries to establish a company in India, to which Polygel's adhesives, construction chemicals and sealants business will be transferred.

“By virtue of the joint venture agreement, KNPL and Polygel will establish a joint venture in India, by incorporating a separate company, to which the adhesives, construction chemicals and sealants business of Polygel would be transferred under a separate Business Transfer Agreement.”business-standard.com

• 1 source
• business-standard.comJV Agreement between Kansai Nerolac Paints & Polygel IndustriesCapital MarketMay 7, 2019

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