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BRIEF-Nimbus Foods terminates franchisee agreement with Modern Food
February 10, 2017 / 1:31 PM / 7 months ago

BRIEF-Nimbus Foods terminates franchisee agreement with Modern Food

Feb 10 (Reuters) - Nimbus Foods Industries Ltd:

* Says has decided to terminate franchisee agreement dated march 21, 2013 with modern food enterprises

* Says will not remain associated with brand “modern” in any manner w.e.f. February 15, 2017

* Says under process to enter into packed finished goods agreement under brand name "mactos with kanak foods Source text:(bit.ly/2ku4bTV) Further company coverage: (Bengaluru newsroom)

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