Update of the Court Case to be filed under Regulation 30 of the SEBI (LODR) Regulations, 2015

Regulatory & Legal View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹2.96

prior close

₹2.97

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+0.8% vs market

Residential, Commercial Projects peers, median of 54sector+1.2%+0.2% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 0.2 pts more than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.3

15m

+0.3

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+0.5+0.8+1.2+0.2

Next day

-0.7+0.2-0.9+1.9-2.6

+0.0-0.9+0.9+0.2-0.2

+1.4-1.2+2.6-0.1+1.4

+0.3-2.0+2.4-1.2+1.5

+1.4-1.9+3.2-0.7+2.1

-0.3-1.2+0.8-3.1+2.8

15d

-0.3-1.5+1.2-1.9+1.6

-1.0+0.0-1.1-4.2+3.2

-3.4-0.5-2.9-6.4+3.0

-6.4+1.3-7.7-5.0-1.4

UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 54Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tatia Global Vennture has informed the stock exchange that a civil suit (C.S. No. 156 of 2024) filed against it by a client, Dr. Karikkassery Thomas Joseph Rajan, has been dismissed as withdrawn. The plaintiff had originally sought Rs. 1,15,23,008 (about Rs. 1.15 crore) plus 18% annual interest from the company in the Madras High Court. The plaintiff himself sought permission to withdraw the suit, and the court passed the dismissal order on June 26, 2025. The company received the certified copy of the order on August 1, 2025 and promptly informed the exchange. This follows up on an earlier disclosure dated August 1, 2025 about the same matter.

Likely market impact

This is a positive development for shareholders as the potential liability of around Rs. 1.15 crore plus interest has been removed. With the plaintiff withdrawing the suit voluntarily, the company faces no financial obligation from this case, reducing legal uncertainty around the stock.