After court battle with brother, Abhinandan Lodha renames firm

Subsequent to a brief court battle earlier this year, followed by mediation between the Lodha siblings over the use of the 'Lodha' surname as a company name, Abhinandan Lodha on Tuesday announced the renaming of his business from Lodha Ventures to Abhinandan Ventures.

- Ateeq Shaikh

MUMBAI:

In January, Abhishek Lodha, CEO of the Lodha Group had moved the Bombay high court, pressing for rights to use 'Lodha' as a trademark and restraining Abhinandan from using either 'Lodha' or 'Lodha Ventures' as business names. The court appointed retired Supreme Court judge R V Raveendran as a mediator to resolve the differences, and a month ago, the Lodha brothers arrived at a resolution.

Abhinandan however, chose to not mention the renaming as a part of this resolution. "Over the years, our group has become synonymous with innovation, and we now would like to capitalise on that equity with a name that truly reflects our identity and evolution," he said.