Intimation Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
GYFTR · price
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Awaiting price reaction for this filing.
LKP Finance Ltd has entered into a Trademark License Agreement with Vouchagram India Private Limited, its group company, to use trademarks including 'Gyftr', 'Vouchagram', 'Voucher World', and 'MyGyFTR'. This move follows a postal ballot resolution passed on October 25, 2025, where shareholders approved alteration of the Object Clause to enable expansion into new business areas such as gift cards, vouchers, and gifting/loyalty solutions. The size of the agreement is not quantified, as it pertains only to brand usage rights, with annual license fees payable to the licensor. The transaction qualifies as a related party transaction, as Vouchagram India is a group company, and is stated to be at arm's length. No shareholding is held by LKP Finance in Vouchagram India.
This signals a strategic diversification move by LKP Finance into the fast-growing digital gifting and loyalty solutions space under the established 'Gyftr' brand, which could open new revenue streams. However, being a related-party trademark license with no disclosed financial size, near-term impact on stock price is likely limited pending more clarity on the business plan and financial commitments.