This is to inform that the Company has executed a Trademark Licesing and Royalty Agreement with M/s. Gurukripa Trust.
MAFATIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mafatlal Industries has signed a trademark licensing deal with M/s. Gurukripa Trust, which is considered a related party because company promoters H.A. Mafatlal and P.H. Mafatlal serve as its trustees. Under the agreement effective 1st October 2025, the company and its subsidiaries get rights to use trademarks owned by the Trust. In return, the company will pay a royalty of 0.5% of net sales, capped at a maximum of 5% of profit before tax (PBT), payable quarterly. The company says the deal is done on an arms-length basis, which means terms are similar to what would be agreed with an unrelated party. This is a routine related-party transaction disclosure under SEBI regulations.
Minor, non-material impact expected — royalty outflows are capped at 5% of PBT and the deal is structured at arms-length, though shareholders should monitor these ongoing promoter-related payments as related party transactions.