Ador Multiproducts Limited announced that in continuation to company's earlier announcement dated 13th August, 2020 for formation of Joint Venture Company to launch a new range of personal care, skin care, hygiene and men's grooming products, it is hereby informed that the proposed Joint Venture Company is under incorporation process. In the proposed company, Ador Multi Product Limited will hold 51% shareholding and 49% shares will be hold by Mr. Ravi Shastri directly and /or indirectly.