In a significant development, the Lodha brothers, elder brother Abhishek Lodha and younger brother Abhinandan Lodha, and the companies they lead have amicably resolved all outstanding disputes under the guidance of their parents.
As part of the agreement, Macrotech Developers Ltd. (MDL), led by Abhishek Lodha, retains exclusive ownership and usage rights of the brand names ‘Lodha’ and ‘Lodha Group’. Meanwhile, Abhinandan Lodha solely owns and has exclusive rights to the brand ‘House of Abhinandan Lodha’ (HoABL). It has been clearly established that there is no association between ‘Lodha Group’ and ‘House of Abhinandan Lodha’, and both entities will actively communicate this widely. Furthermore, Abhinandan holds no rights or claims over MDL, Lodha Group, or Abhishek’s other ventures, and similarly, Abhishek has no rights or claims over HoABL or Abhinandan’s businesses.
Both Abhishek and Abhinandan express their heartfelt gratitude to Hon’ble Justice R.V. Raveendran (Retd.), whose guidance in the mediation process was invaluable. The family is grateful to the Hon’ble Justice Arif Doctor for encouraging them to follow the process of mediation. They also extend their sincere appreciation to all family elders and well-wishers who provided their counsel and support throughout the resolution process.
The family conveys its thanks to the media for their understanding and respect for privacy during this time. No further statements will be made on the matter.
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