Mandhana has a tie-up with charitable trust Being Human - The Salman Khan Foundation . Given this high growth and profitability, Mandhana promoters planned a demerger of retail business to unlock value. Khan's foundation did not respond to an email questionnaire.Being Human's retail business grew by 96% to Rs 172 crore. MUMBAI: Shares of branded garments maker Mandhana Industries have tumbled 60% since last week on speculation the company is having differences with actor Salman Khan 's charitable trust over the profit sharing terms for selling his branded clothing line. The company has rights to sell Being Human (BH) branded clothing line, for which around 5% royalty was paid to the trust.
Source: Economic Times June 27, 2016 09:12 UTC