Pritish Nandy Communications Limited has informed the Exchange about Action(s) taken or orders passed
PNC · price
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On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.7 pts more than its Film Production Distribution & Exhibition peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Pritish Nandy Communications has resolved a prolonged commercial dispute with Sanjay Gupta (White Feather Films) through a consent-based settlement before the Honorable High Court of Judicature at Bombay. The original claim stood at Rs 3.52 crore plus interest. Under the settlement, the company will receive a lump sum of Rs 2.55 crore within 60 days. If the appellant fails to pay the settled amount, the original litigation will resume. The court accepted the consent terms filed by both parties and passed a disposal order on April 21, 2026. No violations or contraventions were alleged against either party. The company states the settlement will have a positive impact on its financial position with no material adverse impact on operations.
The company recovers Rs 2.55 crore from a Rs 3.52 crore claim, bringing finality to a long-pending dispute with a net positive financial effect and no operational disruption.