Finelistings Technologies Limited entered a Business Collaboration Agreement with Hanura Tradex to expand into used luxury car retail.
The agreement outlines a profit-sharing structure where Hanura Tradex receives 70% and Finelistings 30% from each vehicle sale.
Disclosure is made pursuant to SEBI Listing Regulations 30 and Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123.
The parties are not related entities and the transaction does not constitute a related party transaction.