Mumbai, March 25 -- Shares of Moldtek Technologies rose 0.40% to Rs 125.43 on the BSE.

Interarch will handle manufacturing, shipping, erection, and related services for Pre-Engineered Metal Building (PEMB) and structural steel projects, while Moldtek will provide engineering design and detailing services.

This partnership aims to leverage the strengths of both parties to expand their global business footprint.

The initial business plan is valid for a period of two years from the date of execution and may be extended by mutual agreement.

Interarch agrees to pay MTTL a commission of 5% on the value of all export orders secured as a direct result of MTTL's efforts. The commission rate may be adjusted on a project-by-project basis, at the...