Please find enclosed herewith General Announcement relating to Writ petition.
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Kairosoft AI Solutions Ltd has filed a Writ Petition (W.P.(C) 4633 of 2025) before the Delhi High Court against BSE Limited, concerning unspecified issues arising from the company's dealings with the exchange. The petition was filed on April 9, 2025, through Senior Advocate Shri Kapil Sibal. A hearing was held on April 21, 2025, where the court considered the question of jurisdiction and asked both parties to submit reasons within two days on whether the High Court should hear the matter. The court has reserved its order on jurisdiction, and no substantive ruling has been passed yet. The company has assured stakeholders of full compliance and promised further updates as the case progresses.
This is a legal dispute with BSE Limited whose nature and financial implications are not yet clear. The outcome could affect the company's listing status or relationship with the exchange, but no material ruling has been issued yet, so there is no immediate impact on shareholders. Investors should watch for the court's order on jurisdiction and any further developments in the case.