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Supreme Court Upholds Tilaknagar Industries’ Exclusive Rights to Key Alcohol Brands

Story Highlights
  • Tilaknagar Industries can continue to exclusively market MANSION HOUSE and SAVOY CLUB in India.
  • Supreme Court directs trial court to conclude related suit within six months.
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Supreme Court Upholds Tilaknagar Industries’ Exclusive Rights to Key Alcohol Brands

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An update from Tilaknagar Industries Limited ( (IN:TI) ) is now available.

Tilaknagar Industries Limited announced that the Supreme Court of India has upheld a previous Bombay High Court decision in favor of the company, allowing it to continue exclusively manufacturing and marketing its alcoholic beverages under the MANSION HOUSE and SAVOY CLUB brands in India. This decision restrains UTO Nederland B.V. and Allied Blenders and Distilleries Limited from marketing these brands in India until the resolution of ongoing legal proceedings. The Supreme Court has also directed a trial court to conclude the related suit within six months, potentially impacting the competitive landscape in the Indian alcoholic beverage market.

More about Tilaknagar Industries Limited

Tilaknagar Industries Limited operates in the alcoholic beverages industry, primarily focusing on the manufacture and marketing of alcoholic drinks under the brands MANSION HOUSE and SAVOY CLUB in India.

Average Trading Volume: 248,417

Technical Sentiment Signal: Buy

Current Market Cap: 90B INR

Find detailed analytics on TI stock on TipRanks’ Stock Analysis page.

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