Hindustan Tin , Rexam Beverage - Amendment in Joint Venture Agreement

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Hindustan Tin , Rexam Beverage
Amendment in Joint Venture Agreement

Hindustan Tin Works Ltd has informed that pursuant to the approval of its Board of Directors, the Company, Rexam Beverage Can (India Holdings) Ltd (Rexam) and the Joint Venture Company have entered into an addendum to the Joint Venture Agreement on December 24, 2009 pursuant to which the revised shareholding of the Company and Rexam in the Joint Venture Company will be 15% and 85% of the total equity share capital of the Joint Venture Company respectively.