News Kingfisher Airlines' lenders put Kingfisher logo on block to recover dues

Deepu

EntMnt Legend
Finest Member
Lenders to Vijay Mallya and Kingfisher AirlinesBSE 3.03 % have put on block the 'Kingfisher logo' in their ongoing efforts to recover over Rs 9,000 crore from the carrier which went belly-up in 2013.

The base price for the logo has been fixed at Rs 366.7 crore, for which bids have to be submitted by April 30, said SBI Cap Trustee Co, which has been entrusted the job of auctioning the logo. This is part of the 'sale of trademarks including the brand value of 'Kingfisher logo', it said ..

Read more at:
Kingfisher Airlines' lenders put Kingfisher logo on block to recover dues - The Economic Times
 
Top