Litigation Background

  • The disclosure references previous intimations dated August 14, 2023 and May 27, 2025 regarding litigation involving Mr. Tarsem Jain.

Court Proceedings Update

  • The Hon'ble Division Bench of the Delhi High Court issued an order dated October 1, 2026.
  • The company received this order on October 7, 2026.
  • The court dismissed the appeal filed by Mr. T K Jain.
  • The appeal challenged the order dated May 26, 2025 passed by the learned Single Judge of the Delhi High Court.
  • The Single Judge's order had set aside the arbitral award in question.