Mafatlal Industries Signs Pact to Mass Produce PPE Kits

MT Newswires Live

2025/02/20

Mafatlal Industries (BOM:500264) has entered into a tripartite technology license agreement with the Technology Development Acceleration Cell (TDAC) and National Research Development Corporation, according to a Wednesday filing to the BSE.

The agreement is to produce and sell the products in India under the technical know-how on NavRakshak Ultra PPE Kit, developed by TDAC.

Under the pact's terms, the company will mass manufacture NavRakshak Ultra PPE Kit at its plant and market it in India for three years till Feb. 17, 2028.

Shares of the company were up nearly 2% in recent trade.

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