Thursday, November 28, 2019

CG Power cancels royalty pact worth Rs411.2cr with Avantha Holdings

This is in reference to the Royalty Agreement which envisaged 50% of brand royalty payable by the Company to AHL in perpetuity aggregating to Rs411.20cr for part settlement of outstanding loans due from Avantha group of companies.

from India Infoline News Service https://ift.tt/33vi4Xm

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