Intimation regarding withdrawal of summon issued by the Court
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Shashijit Infraprojects has informed BSE that a summon issued by the Court of 3rd Addl. Sr. Civil Judge & A.C.J.M Court, Surat, has been withdrawn by the Hon'ble Court on 25th July 2025. The summon had been issued under Section 25 of the Payment and Settlement Act, 2007, and Section 138 of the Negotiable Instruments Act, 1881 (related to cheque dishonour matters). The company has confirmed there is no financial, operational, or other impact, and the matter stands fully closed with no further appearance required.
This is a positive development for shareholders — the legal matter has been resolved in the company's favour with no monetary or operational consequences, removing an overhang of pending litigation.