HEG Limited has entered into a Media Services Agreement with Adfactors PR Private Limited for providing public relations and media communication services to the Company. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Agreement Details
- Purpose: The agreement has been entered into for providing public relations and media communication services to the Company, including Media & Market Outreach, Strategic Stakeholder Engagement, Digital & Social Amplification, Master Narrative and Thought Leadership.
- Shareholding: There is no shareholding in Adfactors PR Private Limited by HEG Limited.
- Special Rights: The agreement does not contain any special rights, including any right to appoint directors, right of first refusal or right to subscribe to securities in case of issuance of securities, or any right to restrict any change in the capital structure of the Company.
- Related Party Status: Adfactors PR Private Limited is not related to the Promoter/Promoter Group of the Company. The transaction does not constitute a Related Party Transaction.
- Additional Disclosures: The agreement does not contain any provision relating to appointment of any nominee director on the Board of Directors of the Company. There is no potential conflict of interest arising from the agreement.
- Termination/Amendment: Not applicable as the agreement has not been terminated or amended as of the disclosure date.