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Feb 25, 2013, 08.36 AM IST | Source: Moneycontrol.com

Titagarh-FreightCar joint venture company to be wound up

Titagarh Wagons & FreightCar America, Inc. have agreed to wind up and dissolve their Indian JV company. The JV company, Titagarh FreightCar Private Limited, was incorporated in India pursuant to a 2008 Joint Venture Agreement between the parties with the objective of manufacturing and selling aluminum coal-carrying rail wagons in India.

Titagarh Wagons Ltd has informed BSE regarding a Press Release dated February 22, 2013, titled "Titagarh-FreightCar Joint Venture Company to be Wound Up". Titagarh Wagons & FreightCar America, Inc. have agreed to wind up and dissolve their Indian JV company. The JV company, Titagarh FreightCar Private Limited, was incorporated in India pursuant to a 2008 Joint Venture Agreement between the parties with the objective of manufacturing and selling aluminum coal-carrying rail wagons in India.Source : BSE

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