SPL Industries Limited has successfully defended its right to retain its company name in a recent legal battle. The Delhi High Court has quashed an order by the Regional Director, Northern Region, Ministry of Corporate Affairs, which had directed the company to change its name under Section 16(1)(a) of the Companies Act, 2013.

Legal Victory

The court's decision effectively disposes of the matter, allowing SPL Industries to continue operating under its current name. This ruling overturns the original order that had initiated the legal challenge.

The Delhi High Court found that SPL Industries had adopted the name before the other company in question. Additionally, the court determined that the original order failed to consider all relevant facts. As a result, the court disposed of the writ petition in favor of SPL Industries, quashing the Regional Director's order that had required the company to change its name within three months due to similarity with another company.

Company's Response

In a disclosure to the stock exchanges, SPL Industries stated that the writ petition they filed before the Delhi High Court has been resolved in their favor. The company has promised to file and submit a copy of the court order once it becomes available on the e-portal.

Financial Overview

While the legal battle has been a significant focus for the company, it's worth noting SPL Industries' financial position. According to the most recent balance sheet data:

The company has shown growth in total assets and equity over the past year, with a notable increase in current assets. This financial stability may have provided a strong foundation for the company during its legal proceedings.

Conclusion

The favorable court ruling allows SPL Industries to maintain its brand identity and continue its operations without the disruption of a name change. This legal victory not only preserves the company's established name but also reinforces its position in the market. As the company moves forward from this legal challenge, investors and stakeholders will likely be watching closely to see how this resolution might impact the company's future performance and market position.

SPL Industries Limited , a company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has provided an update on its ongoing legal proceedings in the Delhi High Court. The case, which is being heard under W.P.(C) 2357/2025, has seen recent developments that may be of interest to stakeholders.

Key Developments

1. Adjournment: The Delhi High Court has adjourned the hearing to November 24, 2025. This new date falls under the category of "for Admission" matters.

2. Counter-Affidavit: The court has granted the respondents (No. 1 to 4) one week to file their counter-affidavit. This extension was provided at the request of the learned counsel representing these respondents.

3. Notice to Respondent No. 5: The court has directed that notice, along with a copy of the petition, be served to respondent No. 5 through the Registrar of Companies, Mumbai. This is to be done at the respondent's registered office.

4. Presumption of Non-Contest: The court has stated that if respondent No. 5 fails to appear despite proper notice, it will be presumed that they do not wish to contest the petition.

5. Interim Order: The existing interim order will remain in effect until the next hearing date.

Case Details

SPL Industries Limited has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's representatives, including Vishal Srivastava, the Company Secretary & Compliance Officer, have ensured timely communication of these developments to the stock exchanges.

Investors and stakeholders are advised to keep track of further updates on this legal proceeding, as its outcome may have implications for the company's operations or financial standing. However, it's important to note that legal proceedings can be complex and lengthy, and the final resolution may take time.