Please find attached the Hon''ble High Court of Delhi order in the matter of Infosys Vs Southern Infosys Limited.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 3.1 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Delhi High Court has ordered Southern Infoconsultants Ltd (formerly 'Southern Infosys Limited') to stop using or displaying its former name in any manner — across goods, services, promotional material, and all physical or online media. This follows a trademark infringement and passing-off suit filed by Infosys Limited, which argued the two names were confusingly similar. The court relied on a prior coordinate bench ruling (Sanofi vs Zanofi) and its own 2024 judgment, holding that Section 12 of the Companies Act does not allow the company to continue referencing its old name. Infosys has offered to settle for a permanent injunction without pursuing damages if Southern complies. The company says it does not expect any material impact and has already changed its name earlier. There was also a delay in disclosing this order to BSE, which the company attributed to its advocate's serious illness.
Negative for brand identity but manageable — the company had already rebranded earlier, and management claims no material financial impact. However, continued use of the old name in any form is now prohibited, and the company's inability to leverage any brand association with its former identity is confirmed by court order.