Vadilal family feud reignites: Mumbai branch moves Bombay HC over ice-cream territory rights

The Mumbai-based Gandhi family has approached the Bombay High Court to restrain the Ahmedabad branch from interfering with its ice-cream and juice operations across Maharashtra, Goa, Karnataka, Kerala and Andhra Pradesh, citing a 1993 family settlement. The dispute revives three-decade-old tensions over brand control and regional turf.

— Source publishedSat, 27 Jun, 2026, 00:41 IST·First seen Sat, 27 Jun, 2026, 01:07 IST·Source ET Small Business

What happened

Mumbai branch of Vadilal's Gandhi family has moved Bombay High Court seeking to restrain the Ahmedabad branch from interfering with its ice-cream and juice

Key facts

  • 1993 settlement
  • 1992 agreement
  • 35% retail shareholding

Why this matters

The fractured Vadilal franchise across two family branches creates a potential carve-out or licensing opening in regional ice-cream and juice categories, but any approach must be sequenced around the Bombay HC outcome on territorial rights.

What to watch

  • Bombay HC interim order on injunction application
  • Counter-suit filing by Ahmedabad faction in Gujarat
  • Stock price/volume spike in Vadilal Industries and Vadilal Enterprises
  • Public statement or press release from either family branch
  • Distributor notices or trade circulars reassigning territories
  • SEBI disclosure on related-party transactions or promoter disputes
  • Entry of PE or strategic suitor exploring buyout of one faction
  • Map exact SKUs, distributor contracts, and cold-chain assets contested across the five-state belt
  • Check Vadilal Industries Ltd disclosures to BSE/NSE for material litigation filings and promoter pledge changes
  • Identify trademark registrations: who owns 'Vadilal' word mark vs device mark, and any 1993-era assignment deeds
  • Track distributor and modern-trade buyer sentiment in Maharashtra and Karnataka for supply continuity signals
  • Watch for parallel suits in Gujarat HC or NCLT oppression petitions from either faction