Signpost India Limited has submitted a regulatory disclosure pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This filing serves as an update to the company's previous communication dated July 3, 2025 regarding an order from the Hon'ble High Court of Karnataka.
The disclosure concerns a Clarificatory Order identified as CAV ORDER on I.A.NO. 1/2026 dated June 23, 2026, which has been listed in the Daily Orders listing of the Hon'ble High Court of Karnataka. This order relates to the earlier judgment in W.P. No. 26349/2024 concerning the company's rights under a Public-Private Partnership (PPP) arrangement with Bruhat Bengaluru Mahanagara Palike (BBMP).
The Clarificatory Order expressly recognizes the company's contractual rights under the PPP arrangement and Joint Memorandum of Compromise. Specifically, the court has affirmed the company's right to erect and maintain advertisement display panels, including panels adjoining footpaths near police booths/kiosks constructed under the project, subject to reasonable safety measures.
The Hon'ble High Court has further directed BBMP to honor the contractual terms and permit the company to erect and maintain advertisement display panels in accordance with the PPP arrangement.
Regarding financial implications, the company has explicitly stated: "There is no material financial impact on the Company" and indicated "Nil" expected financial implications from this development.
The intimation was digitally signed by Kinjal Mistry, Company Secretary & Compliance Officer, on June 24, 2026 at 18:02:56 +05:30. The disclosure has been uploaded to the company's website at www.signpostindia.com and was filed in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.