Inventory clearance has been weaker compared to last year, but the company expects things to look up in the second half. (Image: Havells India via Linkdin) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Havells India Ltd.'s long-standing dispute with HPL Group has finally come to an end, with the two parties reaching a settlement over the "HAVELLS" brand name, the company confirmed in an exchange filing.

The settlement puts an end to years of dispute between the two entities and will see Havells India pay Rs 129.6 crores to HPL Group.

The agreement resolves all pending disputes and litigations that had been ongoing in multiple courts, including the Delhi High Court and the Supreme Court of India. The resolution was achieved through a mediation process referred by the De

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