Havells India Limited (HIL) and the HPL Group have reached a definitive resolution to one of India’s most prolonged and high-profile trademark disputes. The two parties have signed a Settlement Agreement, officially ending all pending litigations concerning the ownership and use of the trademark ‘HAVELLS’. The agreement was finalised and executed on November 8, 2025, through a Mediation process referred by the Hon’ble Delhi High Court.
The settlement effectively closes multiple legal proceedings, including civil suits filed in the Delhi High Court and Special Leave Petitions (SLPs) that were pending before the Supreme Court of India. Both parties have also communicated this resolution to the National Stock Exchange (NSE) and BSE Limited on November 9, 2025.
The agreement was executed between Havells India Limited and its promoter entity, collectively referred to as the Havells Group, and the HPL Group. The HPL Group includes HPL Electric & Power Limited, its promoters and promoter group entities — Havells Electronics Pvt. Ltd., Havell’s Private Limited, HPL India Limited, and promoters Mr. Lalit Seth, Mr. Rishi Seth, and Mr. Gautam Seth.
The dispute dates back several years and centered around the right to use the ‘HAVELLS’ mark, which Havells India Limited has used since 1971. Both sides had engaged in extensive litigation, with multiple overlapping suits and appeals, until the recent court-directed mediation brought a mutual resolution.
The signed agreement outlines several important terms that formalize Havells India Limited’s exclusive ownership of the ‘HAVELLS’ trademark:
This settlement marks the conclusion of a long-standing legal conflict and ensures that Havells India Limited retains undisputed ownership and exclusive rights over the ‘HAVELLS’ mark. By reaching this agreement, both groups have not only avoided further litigation but have also cleared all potential legal and brand identity conflicts.
The resolution reinforces Havells India Limited’s position as the sole legitimate owner of the ‘HAVELLS’ brand in India, ending years of uncertainty surrounding the use of one of the country’s most recognized electrical brands.
On Monday, Havells India's share price jumped over 1% as the company made a settlement over the trademark. As of 11:51 am IST, the stock price was trading at ₹1,464.60 per share, up by 1.16%.
On Monday, HPL Electric & Power share price jumped over 11% as the company made a settlement over the trademark. As of 11:55 am IST, the stock price was trading at ₹453.50 per share, up by 7.85%.

Wockhardt, CP Plus and Thermax Lead Gainers While BDL and GESHIP Drag: Top Movers in Nifty 500
2 min Read May 29, 2026
Wipro Share Price Jumps Over 4% After ADRs Jump Over 18% On AI-Focused ServiceNow Deal
2 min Read May 29, 2026
Stocks to Watch Today: Swiggy, Wipro, Lupin, Coal India, Tata Elxsi in Focus
2 min Read May 29, 2026
Supreme Court Upholds 28% GST Levy on Online Gaming Bets; Impact on Gaming Stocks in India
2 min Read May 27, 2026
Stock Market Holiday 2026: NSE, BSE To Remain Closed On May 28 For Bakri Id; Check Full Holiday List
2 min Read May 27, 2026