Electronics manufacturer Calcom Vision (BOM:517236) has received board approval to invest an additional 20 million Indian rupees in one or more tranches in its joint venture company Calcom Taehwa Techno, according to a Saturday filing to the Indian stock exchanges.
While the company will subscribe to the equity shares in its joint venture company, it will maintain its existing shareholding percentage of 50%.
The additional funding will help fund Calcom Taehwa's operating expenses and expansion.
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