RVNL Signs MoU with Dhaya Maju Infrastructure (Asia)

The shares of the railway company have surged by 0.75% to Rs 577.15.

RVNL Signs MoU with Dhaya Maju Infrastructure (Asia)

RVNL informed that it has signed a MoU with M/s Dhaya Maju Infrastructure (Asia) Sdn Berhad (DMIA).

The shares of the railway company have surged by 0.75% to Rs 577.15.

The primary objective of this MOU is to outline the terms and conditions under which RVNL and DMIA may collaborate to work jointly to participate in the Railway Infrastructure and services projects in the ASEAN market and other markets as agreed, with a special focus on establishing a manufacturing base in Malaysia for railway coaches and other railway products for catering to the growing need of ASEAN countries, the company said.

 

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