02
Feb
Mumbai (Maharashtra) [India], February 02: K. V. Toys India Limited (BSE: 544641), a fast-growing toy manufacturer and distributor in India, today announced that its Board of Directors has approved the incorporation of a Limited Liability Partnership (LLP), INDO MANUFACTURERS LLP, as part of the Company’s strategic expansion plans. The Company will hold a 55% capital contribution and profit-sharing ratio in the proposed LLP, reinforcing its commitment to enhancing operational efficiencies and long-term growth. Strategic Rationale The formation of the LLP is aimed at enabling backward integration, allowing the Company to transition from an OEM-led model toward increased in-house manufacturing. This move…
