K S Oils Limited has informed the Exchange about General Updates
Awaiting price reaction for this filing.
K S Oils Limited has received a favorable order from Delhi High Court that sets aside an earlier ex-parte interim injunction passed by the District Judge, Rohini District Court. The injunction had restricted the company's use of the 'Kalash' trademark. The dispute originated from an NCLT-approved order dated February 3, 2025. The company had challenged the lower court's order, arguing the allegations were not sustainable in law. The Delhi High Court not only set aside the order but also directed release of all material seized by the Local Commission. The company states overall operations remain unaffected and any financial impact is not material.
Positive development for the company as it retains rights to use the Kalash trademark and recovers seized materials. This removes a legal cloud over operations, though the impact on stock is likely neutral given the company stated operations and finances were not materially affected.