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INDIA'S WILLIAMSON MAGOR & CO TO SEEK ROYALTY FROM EVEREADY.
KOLKATA, Sep 3 Asia Pulse - B M Khaitan Group company Williamson Magor & Co Limited (BSE:WILM) said today it would seek royalty charges from associate company Eveready Industries Ltd (BSE:ERDY) for using the company's logo on exported tea.
"Eveready is using the 'WM' logo in its tea exports. When it does well in future, they will pay royalty for the logo," company managing director Deepak Khaitan told the annual general meeting of the company.
Khaitan said the company, which did not have a presence in branded tea business, would "see to it that ...
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Source: HighBeam Research, INDIA'S WILLIAMSON MAGOR & CO TO SEEK ROYALTY FROM EVEREADY.