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Macrotech Developers Share Price in Focus Amid ₹5,000 Crore Trademark Dispute

Written by: Team Angel OneUpdated on: Jan 23, 2025, 3:05 PM IST
India's second-most valued real estate developer, Macrotech Developers, filed a ₹5,000 crore lawsuit against Abhinandan Lodha's firm for trademark infringement.
Macrotech Developers Share Price in Focus Amid ₹5,000 Crore Trademark Dispute
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The share price of Macrotech Developers Ltd, the second-largest real estate developer in India, garnered attention on January 23, 2025, as it recovered from the day’s low to trade near the day’s high. By mid-morning, the stock was up by 0.90%. However, the focus was not solely on its stock performance but also on an intensifying trademark dispute within the Lodha family, involving a ₹5,000 crore lawsuit filed by Macrotech Developers.

Macrotech Developers, led by Abhishek Lodha, initiated legal proceedings against Abhinandan Lodha in the Bombay High Court, citing trademark infringement. The lawsuit alleges that Abhinandan’s companies have unlawfully used the ‘Lodha’ and ‘Lodha Group’ brand names, which are closely associated with Macrotech Developers’ real estate ventures marketed under the Lodha brand.

This case is seen as the culmination of a long-standing rivalry between the brothers, fuelled by disputes over the use of the Lodha brand and lingering tensions from their shared history in the family business.

Family Disputes and the Roots of the Conflict

The disagreement traces back to 2017 when Abhinandan Lodha left the family business to establish his own ventures, including The House of Abhinandan Lodha (HoABL). A family settlement agreement that same year reportedly granted him ₹1,000 crore and a non-compete clause, restricting him from using the Lodha name in real estate or entering competing businesses.

However, accounts differ. Abhinandan’s representatives claim the settlement was for ₹500 crore, including some apartments, and have accused Macrotech Developers of spreading misleading information.

Impact on Macrotech Developers’ Share Price

The legal battle has undoubtedly drawn investor attention. As of January 23, 2025, Macrotech Developers’ stock showed resilience, recovering from the day’s low to trade near its high. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 23, 2025, 3:05 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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