Announcement under Regulation 30 of SEBI (LODR) Regulation, 2015 Regarding Press Release.
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Kairosoft AI Solutions Ltd, the company behind Volkai, has filed a writ petition (W.P.(C) No. 4633 of 2025) against BSE Limited in the Delhi High Court. The petition was argued by senior advocate Kapil Sibal before Justice Vikas Mahajan, who has issued notice to BSE and directed respondents to file a short affidavit. The court will also consider the question of interim relief to protect the company's interests during proceedings. The next hearing is scheduled for April 15, 2025. The company says this action reflects its commitment to compliance and seeking a fair resolution.
The outcome could affect the company's listing status and trading on BSE. Until interim relief is granted or the matter is resolved, investors may face uncertainty around the stock. Investors should watch the April 15 hearing for any interim order that could materially impact trading or compliance standing.