and HPL Group settle ₹129.6 crore trademark dispute Havells India Ltd reached a settlement with HPL Group, resolving a long-standing trademark dispute over 'Havells' name. Havells will pay ₹129.6 crore as a one-time settlement. The agreement resolves pending litigations in various courts, and HPL Group acknowledges Havells' absolute trademark rights since 1971, agreeing to rebrand its entities without the 'Havells' name. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.