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V.I.P.INDUSTRIES LTD. ( (IN:VIPIND) ) just unveiled an announcement.
V.I.P. Industries Ltd. announced that the Division Bench of the Hon’ble Delhi High Court has dismissed its appeal against an interim order that restricted the company from using the ‘CARLTON’ trademark for its travel luggage business. The company is currently seeking legal advice and planning further steps in response to this decision. The ‘CARLTON’ brand contributes to less than 5% of the company’s total revenue, indicating a limited financial impact from this legal outcome.
More about V.I.P.INDUSTRIES LTD.
V.I.P. Industries Ltd. operates in the luggage and travel accessories industry, providing a range of products including travel luggage under various trademarks such as ‘CARLTON’.
Average Trading Volume: 56,414
Current Market Cap: 60.45B INR
See more insights into VIPIND stock on TipRanks’ Stock Analysis page.