Emergent Industrial Solutions Files Criminal Case for ₹5 Crore Default

Emergent Industrial Solutions initiated criminal proceedings under Section 138 of Negotiable Instruments Act against Wellspring Healthcare.
The case involves default on repayment of ₹5 crore Inter-Corporate Deposit extended to Wellspring Healthcare Private Limited.
The company expects recovery of ₹5 crore principal plus applicable interest and legal costs with no immediate adverse financial impact.
This disclosure is made pursuant to SEBI Listing Regulations Regulation 30 regarding material litigation events.