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Havells India, HPL Group Settle Long-Running ‘Havells’ Trademark Dispute
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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.

Parties Involved and Background of the Dispute

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.

Key Terms of the Settlement

The signed agreement outlines several important terms that formalize Havells India Limited’s exclusive ownership of the ‘HAVELLS’ trademark:

  1. Acknowledgement of Rights: The HPL Group has formally acknowledged Havells India Limited’s absolute ownership and rights over the ‘HAVELLS’ trademark since 1971.
  2. Cessation of Use and Challenge: The HPL Group has agreed to permanently cease the use of the word/mark ‘HAVELLS’ in any form and will not challenge the validity or ownership of the mark in the future.
  3. Corporate Name Change: Two of HPL’s entities — Havell’s Private Limited and Havells Electronics Private Limited — will undergo corporate name changes to remove the term ‘HAVELLS’ from their titles.
  4. Financial Settlement: Havells India Limited will make a one-time payment of ₹129.60 crore to the HPL Group as a full and final financial settlement.

Significance of the Agreement

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.

Havells India Share Price Jumped Over 1% on Monday

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%. 

HPL Electric & Power Share Price Surged Over 11% on Monday

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%.