Safari Industries (India) has executed licensing agreement with Carlton Retail (CRL) for use of brand ‘CARLTON’ under Class 18 for certain products including luggage in India. The term of the agreement is 20 years which may be renewed further period of 20 years at the discretion of the company.
Total license fees payable to CRL under the agreement shall be Rs 45 lakh or 5% of total net sales, whichever is higher, upon completion of each license year. Total interest-free refundable Security Deposit payable to CRL under the agreement shall be Rs 99.50 crore to be paid in tranches over a period subject to conditions specified in the agreement.
The company manufactures injection-moulded plastic articles and vacuum-formed plastic articles.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2250.60 |
| Godrej Consumer Prod | 1066.80 |
| Dabur India | 441.50 |
| Colgate Palmol. (I) | 2096.75 |
| P&G Hygiene | 10147.25 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: