Mahindra & Mahindra vide its letter dated 29th November, 2019 had informed that in the complaint filed by Fiat Chrysler (FCA) before the United States International Trade Commission (ITC), the Administrative Law Judge has in his Initial Determination found that while the design of the Roxor vehicle does not violate any of FCA’s registered trademarks, it violated FCA’s trade dress and recommended an exclusion order prohibiting the importation of Roxor parts and a cease-and desist order prohibiting sale of any already imported Roxor parts. The Initial Determination made by the Administrative Law Judge of the ITC is a nonbinding recommendation to the ITC and the Company has asked the same to be reviewed. The ITC will consider the Initial Determination and review applications filed by the parties and make a Final Determination. The company is giving the details of development in relation to the proceedings, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No.CIR/CFD/CMD/4/2015 dated 9th September, 2015 in Annexure A. A copy of the earlier letter dated 29th November, 2019 is also enclosed as Annexure B.
The above information is a part of company’s filings submitted to BSE
Company Name | CMP |
---|---|
Maruti Suzuki | 12846.90 |
Mahindra & Mahindra | 2070.30 |
Mercury Metals | 80.98 |
Hindustan Motors | 29.62 |
Suzuki (India) | |
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