Nanosynth Group PLC - digital monitoring and safeguarding systems manufacturer formerly known as Remote Monitored Systems - Looking to make delivery of 250,000 masks in India the next few weeks as part of agreement with Vivek Kohli Enterprises OPC Private Ltd.
"These masks will, in part, be distributed to interested parties in India, with whom VKE have been in discussions, to help establish the level of demand and timeframes for future orders," company says.
Adds: "The company is delighted with VKE's support and enthusiasm for the Pro Larva mask and naturally hopes that further significant orders will follow although there can be no guarantee of such."
Company notes VKE believes partnership could generate GBP17 million in revenue.
Current stock price: 1.14 pence
Year-to-date change: down 18%
By Paul McGowan; paulmcgowan@alliancenews.com
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