02-Sept-2026 18:11:34
MOSCHIP: SUPREME COURT DISMISSES APPEAL ON VAYAVYA LABS ACQUISITION PROCEEDINGS
• The Hon'ble Supreme Court has pronounced its judgment on September 1, 2026, in proceedings arising out of a dispute between Ras Al Khaimah Investment Authority and certain persons and entities. • The respondents in the proceedings have been directed to furnish additional security aggregating to ₹200 crore, jointly and severally. • The company clarifies that it is neither a party to the proceedings nor connected in any manner with the underlying dispute. • The judgment has no financial, operational, or business impact on the Company. • Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Impact: Neutral (Supreme Court directs respondents to furnish additional security of ₹200 crore; no financial impact on the company as it is not a party to the proceedings.)
Moschip Technologies Limited
Open attachment