Suraj Industries Resolves Trademark Dispute With Globus Spirits

Suraj Industries Ltd announced the execution of a settlement agreement with Globus Spirits Ltd, effectively resolving a trademark infringement case that had been filed earlier this year. Globus Spirits had alleged unauthorized use of its brand identity, seeking damages of Rs 2 crore. The Delhi High Court had previously issued an interim injunction against Suraj Industries, restricting the sale of certain liquor products.

The settlement agreement now provides clarity and closure to the dispute, allowing both companies to move forward without prolonged litigation. Suraj Industries emphasized that its products were sold under labels approved by the Rajasthan Excise Department and maintained that the allegations were legally unsustainable. The agreement reflects a pragmatic resolution, avoiding further legal complexities and safeguarding operational stability.

Key Highlights

• Settlement agreement executed between Suraj Industries Ltd and Globus Spirits Ltd
• Dispute involved trademark infringement claims worth Rs 2 crore
• Delhi High Court had earlier issued an interim injunction against Suraj Industries
• Suraj Industries maintained compliance with Rajasthan Excise Department approvals
• Resolution ensures business continuity and avoids prolonged litigation

Sources: ScanX News, BSE Corporate Filings