Announcement under regulation 30 on receipt of the order.
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Awaiting price reaction for this filing.
Syschem India informed BSE that a civil suit filed against it by Shri Shubham Road Carer at the City Civil Court, Secunderabad has been disposed of. The plaintiff filed a memo stating the suit was not being pressed, and the court recorded this and dismissed the suit accordingly. Despite the dismissal, the company has reported a total financial impact of Rs. 15,00,000, comprising a principal amount of Rs. 9,14,545 plus lump-sum litigation costs and interest of Rs. 5,85,455. The order was received by the company on 12 September 2025.
The Rs. 15 lakh financial outflow is relatively small and unlikely to materially affect shareholders or the stock price; the matter is now closed with no further litigation risk from this specific suit.