Please find enclosed herewith General Announcement relating to writ petition.
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Awaiting price reaction for this filing.
Kairosoft AI Solutions Ltd had filed a writ petition (W.P.(C) 4633/2025) against BSE Limited in the Delhi High Court on April 9, 2025, regarding certain issues arising from its dealings with the exchange. On June 9, 2025, the Delhi High Court dismissed the petition on the ground of lack of territorial jurisdiction. However, the court has granted the company liberty to approach the appropriate jurisdictional High Court for seeking relief. The nature of the underlying dispute with BSE has not been disclosed. The company stated it remains committed to governance and compliance and will update stakeholders on further developments.
This is a procedural setback for the company — the petition was not decided on its merits but thrown out for being filed in the wrong court. Shareholders should watch for the company's next move as it refiles in the correct jurisdiction, which may eventually clarify the nature of the dispute with BSE. Near-term impact on the stock is likely limited unless the underlying issue is material.