Infibeam Avenues has executed an agreement with Sintex BAPL, wholly owned subsidiary of Sintex Plastics Technology. As per the Agreement signed, Infibeam will develop, integrate, implement and maintain an online ecommerce and mobile platform with integrated logistics framework. It will cater the on demand customer purchase of Sintex brand Products.
As per the Agreement, Infibeam will be remunerated as per the Contractual rates and sales performance. No promoter / promoter group entities have any interest in Sintex Group and the contract does not fall within related party transaction.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)