Shilp Gravures enters in a joint-venture with Re

Shilp to own 51% stake in ReShilp Equipments

May 31, 2011 | By Newsdesk

Shilp Gravures entered in a joint-venture with an Italy-based Re. In the new company, ReShilp Equipments, Shilp will hold the major stake of 51% and the rest 49% will be owned by Re.The board of directors of the new company will comprise five directors — three directors nominated by Re and two by Shilp Gravures. ...cont´d

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