The order was passed by the court in a suit filed by Hosur-based machine tool company Wendt India Limited (WIL) on the basis of the defendants’ usage of the ‘Wendt’ brand name in their advertisements, Wendt said in a filing to the Bombay Stock Exchange.
The court, in its order dated March 6, 2013, issued an ad-interim order of temporary injunction against both companies. The interim order will be in force for a period of 90 days or till further orders whichever is earlier.
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Wendt (India) Ltd (WIL) was incorporated in 1980 as a joint venture between Wendt GmbH and The House of Khataus. In 1991, Carborundum Universal Ltd (CUMI), a Murugappa Group Company acquired the Khatau’s stake in the business. Since then WIL has been a 40:40 Joint Venture between Wendt GmbH and CUMI. The public holds the balance 20 per cent equity.
Wendt manufactures a wide range of Diamond/CBN Grinding Wheels and Tools. These products find applications in industries like automobile, cutting tools, engineering, bearing, aerospace, steel, defence, refractory, ceramic, glass and textile among others.