Carborundum Universal Ltd has informed the Exchange that Carborundum Universal Limited (CUMI) is exploring the restructuring of the joint venture in China viz. Jingri-CUMI Super Hard Materials Co. Limited. (Jingri). Further the Company has informed that the "Division Agreement" has been signed with the joint venture partner China Metallurgical Geology Burea ("CMGB"). The salient terms of the Agreement shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).