NIS MANAGEMENT LIMITED : STAY ORDER GRANTED IN WRIT PETITION

• Hon'ble High Court at Calcutta granted a stay on proceedings concerning ESIC's demand for damages amounting to ₹2,16,99,099/- • The stay is effective until December 15, 2026, or until further orders, whichever is earlier • The company filed a Writ Petition against ESIC seeking payment/recovery of damages • Detailed disclosure as required under Regulation 30 is enclosed as Annexure-A

NIS Management Ltd

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