Agreements reached under this partnership
Business Alliances- 1
The Company will grant AHDORA INDUSTRIES PVT.LTD. the exclusive right to sell welding materials in India.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The impact is currently expected to be immaterial. If it becomes necessary to revise the earnings forecast going forward, the Company will make an appropriate disclosure.
| Item | Details |
|---|---|
| Name of alliance partner | AHDORA INDUSTRIES PVT.LTD. |
| Alliance partner's business activities | Technical trading company engaged in the sale of welding materials in India |
| Alliance partner's location | Delhi, India |
| Type of alliance | Business Alliances |
| Details of the alliance | The Company will grant AHDORA INDUSTRIES PVT.LTD. the exclusive right to sell welding materials in India. |
| Impact on Business Performance | The impact is currently expected to be immaterial. If it becomes necessary to revise the earnings forecast going forward, the Company will make an appropriate disclosure. |
Items this document does not state (17)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Group is working to develop sales channels and expand sales in Southeast Asia. By leveraging AHDORA INDUSTRIES PVT.LTD.'s knowledge of the Indian market, sales capabilities and technical expertise, the Group aims to expand sales channels for its products in India.