CFF Fluid Control Approves Binding Joint Venture With TKMS Atlas Elektronik

Board approved proposal to enter binding JV agreement with TKMS ATLAS Elektronik GmbH; authorised MD and Chairman to negotiate, finalise and execute; details to be disclosed on signing. Novel binding JV proposal formalising Atlas Elektronik technology partnership; advances shift from components to complete naval systems and positioning for larger submarine programmes. Structure, stake, investment, scope, timelines and approvals undisclosed; signing pending with further SEBI disclosure to follow; funding and execution impact to be assessed then.