WABCO India has informed that based on the decision of the Board on March 31, 2016, the Company has entered into an agreement which is on arms-length basis with WABCO Europe BVBA, a related party for payment of royalty at the rate of 4% on the net sales for using the licensed intangibles and technical knowhow.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 143.25 |
| UNO Minda | 1159.90 |
| Tube Investments | 2916.95 |
| Bosch | 42209.70 |
| Motherson SumiWiring | 40.45 |
| View more.. | |
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