Categories: Business

Warring Lodha brothers’ mother asks for end to dispute

Manju Lodha, mother of warring Lodha brothers – Abhishek and Abhinandan Lodha -has written a letter addressing them, asking them to stop their dispute immediately.

“I request you to stop all your disputes immediately,” she said in the letter. Earlier this year Abhishek Lodha of Macrotech Developers filed a trademark dispute against his brother, who runs House of Abhinandan Lodha, directing the latter to cease using the ‘Lodha’ name in any form for their projects. Under the Bombay High Court’s direction, the matter has gone for mediation.

 “Your father and I have discussed at length the claims by both of you with respect to the shareholding and ownership of each other’s businesses,” Manju Lodha’s letter said. “The final arrangement within our family was documented in our Amended Family Agreement dated 31st March 2017. We confirm that both of you have no right of any form in the other brother’s business or assets or shareholding.”

She goes on to say, “as a mother, whatever I own I will definitely leave behind for both of you.”  The letter exhorted both of them to focus on growing their respective businesses and taking care of their families.

Macrotech Developers, which is listed, made the letter public in an exchange filing late on Thursday.

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