Date: June 4, 2026
Legal / Strategic Update
This disclosure informs the National Stock Exchange of India Ltd. of a development in a legal matter previously disclosed on February 3, 2023, and April 20, 2023.
The Hon'ble Madras High Court had issued an order dated February 1, 2023, which included an injunction restraining the alienation of assets by CARE Ratings Limited. This injunction was conditional until the company provided adequate security.
Vide a new order dated June 3, 2026, the Madras High Court has vacated the aforementioned injunction. The vacation of the injunction was granted in view of the company having complied with the directives of the order dated February 1, 2023. The disclosure notes that this compliance was done without prejudice to the rights of the company in its appeals.
The company received a copy of this new order vacating the injunction on June 4, 2026.
No material disclosures under the following sections: KMP / Board / Auditor Changes, Dividend Declaration, Board Meeting Outcomes, Financial Results, Auditor’s Report, Disinvestment / Strategic Actions, Media Release / Investor Communication.