Acquisitions4 Aug 2025, 04:42 pm
Kothari Industrial Corporation Ltd Acquires Trademarks from Three Entities for INR 11 Lacs
AI Summary
Kothari Industrial Corporation Ltd (KICL) has entered into an agreement on 04.08.2025 for the acquisition of trademarks from M/s Zyf Tex Private Limited, M/s Zaimus International Private Limited, and M/s Zaimus Trends Private Limited. The total cost of acquisition is INR 11,00,000/- (Rupees Eleven Lacs Only). The acquisition is expected to contribute to revenue growth and market competitiveness in the footwear industry, aligning with KICL's main line of business. The acquisition was completed on 04th August 2025, and procedural formalities are expected to be completed within 3 to 6 months.
Key Highlights
- KICL acquires trademarks from three entities for INR 11 Lacs
- Acquisition expected to contribute to revenue growth and market competitiveness in the footwear industry
- Alignment with KICL's main line of business
- Procedural formalities expected to be completed within 3 to 6 months