Cosben Equipments Announces Conversion of Its Partnership Firm to Pvt. Ltd. Company
[Maharashtra; March 31st, 2021] - Cosben Equipments, a manufacturer of material handling equipment, announces conversion of its constitution as a partnership firm to Pvt. Ltd Company. The conversion is effective 1st April 2021. For us this is a significant step to expand and grow the firm's business to reach the pinnacle of success.
Converting to a Private Limited Company would lay the foundation stone of a better organizational structure that will offer better visibility among all the stakeholders. Amid all the ongoing changes in the corporate world, the company has realized that there is a need to reorganize the affairs that can help it to make use of all the industry opportunities.
Cosben is ready to corporate itself with the upcoming changes and challenges during and after the conversion. However, the management of the current partnership firm won't get affected and would remain unchanged. All the tasks would be carried forward in the same manner. The conversion would enable best business practices and allow the firm to run its operating activities by following all the Corporate Governance norms.
This conversion will not result in any kind of disturbance or create hindrance in between the firm's commitments with the present stakeholders. Cosben will continue to fulfill all its obligations and duties towards its current stakeholders.
In future, the company could diversify itself into other sectors and eyeing to grow as an engineering design house.
For more details, please log on to the company's official website here.
Cosben Engineering Pvt. Ltd.
Unit # 415, 4th floor,
Lodha Supremus II,
Road # 22, Wagle Industrial Estate,
Thane (West) - 400604,
+91 22 49220888