Advait Infratech has executed licensing agreement on November 12, 2020 with Council of Scientific and Industrial Research (CSIR), New Dehli for transfer of CSIR-SERC technology on ‘Emergency Retrieval System’.
In consideration of payment of Rs 30 lakh, the Licence for use of Knowhow and the process to manufacture the Articles provided, Royalty of 5% on ex-factory sale price of the ERS Module/ Structure every year, Royalty of 10% on ex-factory sale price of the ERS Module/Structure for utilization of knowhow for exported article only.
The company is into business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields.
Company Name | CMP |
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BHEL | 244.25 |
Bharat Electronics | 300.20 |
Thermax | 5098.70 |
Kirloskar Oil Eng | 1171.50 |
GMM Pfaudler | 1374.90 |
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