Sonalika International
Joint Venture
CVCI (Citigroup Venture Capital International)

Investment ITL-9.5%
Investment ICML-18%
In June 2005 the Citigroup Venture capital joined the company as financial partner, having equity stake of 9.5%.
YANMAR, Japan

Investment -12%
Yanmar company limited, Japan joined the company in sept, 2005 as strategic partner, having 12% equity stake in the company.
Magma Shrachi Finance

The company entered into the joint venture with Magma Shrachi Finance limited on 10th august 2007 to incorporate a new company with 74:26 (Magma-ITL) ratio of equity participation for financing tractors of manufactured by the company.
JM Financial Trustee Pvt Ltd

JM Financial Trustee Pvt Ltd, a company of JM Group joined the company in Jan, 2007 as Financial Partner with the equity stake of 5%.
3i Agri-Vehicels

Investment ITL-10%
Investment ICML-10%
3i Agri-Vehicels limited joined the company as financial partner in March, 2006 with the equity stake of 10%.