Shares in Mandhana Industries came crashing down following an un favourable Court Verdict in the Salman hit and run case.
The stock was down 4 per cent at Rs 262 on the National Stock Exchange after Salman Khan was sentenced to 5 years in Jail by the Honourable High Court.
Mandhana Industries Limited, Mumbai based Textile and Apparel Manufacturing Company, had entered into an exclusive license agreement with Being Human - The Salman Khan Foundation for designing, marketing and distributing Being Human Clothing Products.
By virtue of this agreement, the Company has exclusive rights to promote and use the Being Human brand name worldwide for its Clothing Products for the next 9 years and 3 months with the Dabbang Star Salman Khan as the Brand Ambassador.
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