Raghav Productivity Enhancers Signs 350,000 MTPA JV Agreement With TRL Krosaki

Board approved an 80:20 JV with TRL Krosaki to establish a 3,50,000 MTPA silica ramming-mass unit in Odisha, subject to approvals. Combines RPEL's patented technology with TRLK's quartzite mines and regional presence, advancing East India and multi-location expansion. RPEL will contribute 80% capital and earn IP royalty; funding amount, timeline and returns are undisclosed. JV has an independent-director overlap and is stated to be arm's length.