Hindustan Motors Ltd on Tuesday said it has agreed to sell its ‘Contessa’ brand to SG Corporate Mobility Pvt Ltd. The sum is undisclosed. The company has executed a brand transfer agreement with SG Corporate Mobility Pvt Ltd on June 16, 2022 for the transfer of the Contessa brand. It includes the trademarks having application number and certain related rights of the brand. The transfer of the brand shall be effective upon fulfilment of the terms and conditions as prescribed in the agreement.
