Jonjua Overseas Sells Spent Coffee Grounds Business

MT Newswires Live01-28

Jonjua Overseas (BOM:542446) has sold its business involving process and technology for 'spent coffee grounds and spent coffee grounds ash bricks' for 151.1 million Indian rupees to HSJONJUA INNOVATEAGRO, according to a BSE filing on Wednesday.

Under the pact, the development of intangible assets is part of the business of Jonjua Overseas, while its market development is with the buyer.

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