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Gitanjali buys Brand Assets thru Gitanjali Ventures DMCC
07 Jan '08
1 min read
Gitanjali Gems Ltd has informed that the Company has acquired following Brand Assets through one of its wholly subsidiaries 'Gitanjali Ventures DMCC' a Company incorporated in Dubai with its registered office at level 41, Emirates Towers, Shaikh Zayed Road, Dubai, United Arab Emirates.
1. Trade Mark - Nakshatra
2. Domain name - www.nakshatra.com
Further the Company has informed that, the above said Brand Assets have been acquired from 'The Diamond Trading Company Ltd' (DTC), a Company incorporated in England and Wales, United Kingdom.
Earlier the exclusive licence to use the above said brand assets was with 'Brightest Circle Jewellery Pvt. Ltd (BCJPL), a then associate of the Company. BCJPL also had the option to purchase the above said Brand Assets.
However by virtue of a 'Deed of waiver of option and termination of licence' BCJPL has irrevocably waived and surrendered all it rights and interests in the above said Brand Assets.
1. Trade Mark - Nakshatra
2. Domain name - www.nakshatra.com
Further the Company has informed that, the above said Brand Assets have been acquired from 'The Diamond Trading Company Ltd' (DTC), a Company incorporated in England and Wales, United Kingdom.
Earlier the exclusive licence to use the above said brand assets was with 'Brightest Circle Jewellery Pvt. Ltd (BCJPL), a then associate of the Company. BCJPL also had the option to purchase the above said Brand Assets.
However by virtue of a 'Deed of waiver of option and termination of licence' BCJPL has irrevocably waived and surrendered all it rights and interests in the above said Brand Assets.
Gitanjali Gems Ltd
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