Shares of Macrotech Developers jumped on Tuesday after the company announced that a long-standing trademark dispute between the Lodha brothers, Abhishek Lodha and Abhinandan Lodha, had been amicably resolved through family mediation. 

As of 12:37 pm, the shares were up 7.07% at ₹1,202.00. 

According to a media release on April 14, Macrotech Developers will continue to hold the exclusive rights to the ‘Lodha’ and ‘Lodha Group’ brand names. Meanwhile, Abhinandan Lodha will exclusively use the brand name ‘House of Abhinandan Lodha’ (HoABL). The two businesses will operate as entirely separate and unaffiliated entities. The press release further emphasized that the two Lodha-led businesses are distinct and have no connection with each other. 

The dispute began earlier this year when Macrotech Developers, led by Abhishek Lodha, filed a ₹5,000 crore lawsuit in the Bombay High Court. The suit alleged that HoABL was improperly using the Lodha brand name, violating a 2023 family agreement that barred Abhinandan’s business from using the surname in any form. Macrotech also claimed that HoABL continued to operate domains such as ‘Lodha Ventures’ and accused the company of fraud and forgery, charges that HoABL firmly denied.

Following a January 31 court hearing, the High Court appointed Justice R.V. Raveendran (Retd.) as mediator. Both parties agreed to mediation under the encouragement of Justice Arif Doctor, who was presiding over the case. 

Macrotech Developers was founded by their father, Mangal Prabhat Lodha, a senior BJP leader and Maharashtra cabinet minister. 

Following a separation agreement in 2015, Abhishek Lodha retained control of the Lodha Group’s real estate business, while Abhinandan Lodha launched a separate venture focusing on land ownership and digital real estate transactions.

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