The Exchange had sought clarification from the Company for??announcement dated February 05, 2019??????CLARIFICATION' : The Board of Directors of the Company has approved the payment of a corporate brand royalty to Jubilant Enpro Pvt. Ltd. (a promoter group company), which owns the corporate brand name 'JUBILANT'. The royalty payment will enable the group to help protect, nurture and enhance the corporate brand name 'JUBILANT', and the group's image globally. It has been decided to pay 0.25% of the consolidated revenue of the Company effective FY 20 as royalty.?? ??We refer to the clarification issued by the Company today regarding payment of corporate brand royalty. Jubilant Enpro Pvt. Ltd. (a promoter group company), has decided not to charge the corporate brand royalty of 0.25% of the consolidated revenues of the Company and the same stands withdrawn.?? Request you to provide clarification on the following points: -Reason for approving the payment of corporate brand royalty to the Jubilant Enpro Pvt Ltd and subsequently withdrawal of same. -Impact of withdrawal. The response of the Company is attached.