EKI Energy Services Ltd has informed with respect to execution of Joint Venture Agreement (JVA) with Shell Overseas Investment B. V., The Netherlands, the Company has incorporated a Joint Venture Company as its Subsidiary named as AMRUT NATURE SOLUTIONS PRIVATE LIMITED.
As per regulatory filing, it is contemplated that ANSPL shall carry on the business of reduction of the impact of greenhouse gases and providing offsets to emissions through Nature Based Solutions in the areas of forestry, agriculture including agroforestry, horticulture, grasslands, wetlands, blue carbon, peatlands etc.
At around 11:32 AM, EKI Eneregy Services was trading higher by 4.02% at Rs8992 per piece on Sensex.
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