Him Teknoforge Terminates Dinamico Axles Joint Venture

Him Teknoforge discloses termination of its joint venture agreement with Italian counterparts for Dinamico Axles & Drive Wheels.
The company had agreed to subscribe to 40% equity but had not infused any capital into the joint venture entity.
A board resolution passed via circulation on 13.04.2026 approved consent for striking off the JV company from ROC records.
Disclosure confirms no financial impact as the JV had not commenced operations and no investment was made.