MoU3 Sept 2024, 08:13 pm
APAR Industries Ltd. Renews Endorsement Agreement with Actor Sonu Sood as Brand Ambassador
AI Summary
APAR Industries Limited has renewed the Endorsement Agreement with Mr. Sonu Sood, a renowned film Actor, for the endorsement of the Company's Cable and Wire Products. The agreement with Everest Brand Solutions Private Limited for availing performance services of the Artist has also been renewed. This disclosure is made under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- APAR Industries Ltd. has renewed its Endorsement Agreement with Mr. Sonu Sood for the endorsement of Cable and Wire Products.
- The agreement with Everest Brand Solutions Private Limited has also been renewed for availing performance services of the Artist.
- This disclosure is made under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- No promoter / promoter group / group companies are related to the agreement.
- The transaction does not fall under related party transactions and is done at 'arm's length'