HP High Court dismisses interim injunction plea against Dharmaj in ZeekaSulf patent case
DHARMAJ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.6 pts more than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Dharmaj Crop Guard received a favorable order from the Himachal Pradesh High Court in a patent infringement suit filed by SML Limited regarding its agrochemical product ZeekaSulf. The court dismissed SML's application seeking an interim injunction, observing that territorial jurisdiction in Himachal Pradesh was not prima facie established and that evidence of Dharmaj supplying the product there was insufficient. The main patent infringement suit remains pending and merits are yet to be finally decided.
Positive for Dharmaj as the court declined to restrain ZeekaSulf sales for now, though the underlying patent suit continues and could revisit this at final hearing.