AFFLE : SUPREME COURT STAYS CIRP PROCEEDINGS

• Supreme Court of India granted stay on CIRP proceedings pending before NCLT • Stay relates to Affle's investment in Talent Unlimited Online Services Private Limited (Bobble) • Company had said carrying value of Bobble investment was subject to appeal outcome in NCALT • Affle is hopeful wrongful initiation of CIRP will be set aside after Supreme Court hearing

Affle 3i Limited

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