Disclosure under Reg 30 of SEBI, Listing Regulations, 2015 wrt Writ Petition filed by the Company before the Hon''ble High Court of Delhi.
Awaiting price reaction for this filing.
Visesh Infotecnics Ltd (now named MPS Infotecnics Limited) informed the stock exchanges about the status of its Writ Petition pending before the Delhi High Court (before Justice Sachin Dutta). The petition, originally listed for hearing on 15th October 2025, was withdrawn by the company's advocates due to certain technical deficiencies. The Court permitted the withdrawal and allowed the company to file a fresh Writ Petition. The company stated that it will inform the exchanges once the fresh petition is filed. The filing is made under Regulation 30 of SEBI Listing Regulations as a continuation of an earlier intimation dated 18th September 2025.
This is a procedural update with no immediate financial impact on shareholders. The withdrawal and planned refiling suggests the company intends to pursue the legal remedy but needs to correct technical issues first. Investors should await the filing of the fresh petition and its outcome to understand any underlying legal matter that may affect the company.