UpdatesCompany Update
Kothari Industrial Corporation (KICL) has acquired trademarks, including prominent brands like Zodiz, Zodiz Kidoz, and Jeetto, from three entities: M/s TytTex, M/s Zaimus International, and M/s Zaimus Trends.
Kothari Industrial Corporation Ltd509732 · Filed with the exchange
This strategic acquisition, made for a cash consideration of INR 0.11 Cr, is set to bolster KICL's footwear division and enhance its market position.
The move aligns directly with the company's core business of manufacturing and trading consumer products, particularly footwear, and is expected to contribute to revenue growth.
This transaction is explicitly stated not to be a related party deal.
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