As Attached
Awaiting price reaction for this filing.
K.S. Oils has received a favorable order from the Delhi High Court, which has set aside an earlier ex-parte interim injunction passed by the District Judge, Rohini District Court. The injunction had restricted the company from using the "Kalash" trademark. The High Court also ordered the release of all material seized by the Local Commission under the previous order. The dispute originated from the company's usage of the "Kalash" trademark following an NCLT-approved order dated February 03, 2025. The company had challenged the lower court's findings, asserting they were not legally sustainable. The company states that overall operations remain unaffected and the financial impact is not material.
Positive development for the company as the injunction restricting the use of the Kalash trademark has been lifted. This removes a legal constraint on the company's operations and brand usage, though the financial impact is considered immaterial.