Subsidiary litigation closed: Madras HC records Joint Memo, ends execution petitions
GAJA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Gaja Alt Asset Mgmt's subsidiary Gaja Trustee Company, acting as trustee of Gaja Capital India Fund-I, was an award holder in execution proceedings before the Madras High Court against SEPC Limited and Twarit Consultancy. A Joint Memo dated September 30, 2026 was filed between the claimants and respondents. The High Court recorded the memo and terminated all execution petitions and connected applications. The listed company itself is not a party; any financial impact depends on the claimants' fund documents once amounts are received from court.
Litigation closed via Joint Memo. Company not directly a party. Neutral to mildly positive; watch for award amount receipts by claimants.