Business Update14 Oct 2026, 05:20 pm
Abate As Industries Signs Franchise Deal with Franchise India
AI Summary
Abate As Industries Ltd has entered into a Franchise Development Program, Representation & Recruitment Services Agreement with Franchise India Brands Limited. The agreement, effective October 14, 2026, is for a term of 24 months and aims to expand Abate As Industries' eye hospital business under the brand "ABATE EYE HOSPITAL" through a franchise model across India. The total size of the agreement is INR 30,00,000/- (INR 30 Lakhs). This is not a related party transaction.
Key Highlights
- Agreement signed with Franchise India Brands Limited.
- Focus on expanding eye hospital business via franchise model.
- Agreement value is INR 30 Lakhs for 24 months.
- Expansion to cover pan-India.
- Not a related party transaction.
Price Impact
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