EP Biocomposites signs strategic collaboration with Malligavad Foundation
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EP Biocomposites has entered a strategic collaboration and consultancy agreement with Malligavad Foundation and Mr. Anand Malligavad, known as the Lakeman of India. EP will act as execution partner while the foundation serves as exclusive technical advisor. The agreement covers Goa, Konkan, and coastal Karnataka districts, focusing on lake rejuvenation, water conservation, effluent treatment and eco-restoration projects. This extends the aqua division. No upfront monetary consideration is involved. The agreement is domestic and not a related party transaction.
Expands into water body conservation via exclusive partnership; no upfront cost, execution role may drive future revenue.