Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 as amended from time to time, this is to inform you that a license agreement has been executed between. HILKER FAR EAST LIMITED (Hilker), STANLEY RETAIL LIMITED (SRL) and STANLEY LIFESTYLES LIMITED (SLL). Wherein, Hilker would grant a manufacturing license through which SRL and SLL would obtain exclusive rights to manufacture, retail and distribute Hilker products, for an agreed royalty.
STANLEY · price
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Stanley Lifestyles (SLL), along with its subsidiary Stanley Retail Limited (SRL), has signed a license agreement with Hong Kong-based Hilker Far East Limited. Under the deal, Hilker will grant a manufacturing license giving SRL and SLL exclusive rights to manufacture, retail, and distribute Hilker products in India. In return, SLL/SRL will pay an agreed royalty to Hilker. The agreement is a three-party arrangement involving the international brand owner and both the listed entity and its retail arm.
This gives Stanley Lifestyles exclusive access to an international brand portfolio, potentially expanding its product offerings and revenue streams. The deal is royalty-based, meaning costs will be ongoing but margin impact depends on the commercial terms which have not been disclosed. Positive for long-term growth if execution is strong.