24-Jun-2026 18:14:37

SIGNPOSTGeneral news

SIGNPOST INDIA : CLARIFICATION ORDER ISSUED BY HON'BLE HIGH COURT OF KARNATAKA

• Company received a clarificatory order from the Hon'ble High Court of Karnataka dated June 23, 2026. • The order clarifies the earlier judgment concerning the Company's rights under a Public-Private Partnership ('PPP') arrangement. • The court has expressly recognized the Company's contractual right to erect and maintain advertisement display panels. • BBMP has been directed to honour the contractual terms and permit the Company to erect and maintain panels. • No material financial implications are expected for the Company. • Impact: Positive (Court order upholds company's contractual rights in PPP project, removing ambiguity)

Signpost India Ltd

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