SUBROS LTD. - Update

Subros Ltd has informed BSE that the following :<br/><br/>"Denso Corporation Japan and Subros limited, India has entered in to Memorandum of Understanding wherein Denso intends to entrust production of Engine Cooling Module and Global Standard Radiator in India to Subros.<br/><br/>The location of entrustment production would be Subros Manesar plant. Start of production is intended December, 2015.<br/><br/>It has an annual Sales potential of Rs. 200 crs approximately and will entail an additional investment of approx Rs. 48 crs spread over next 3 years".