VISESHINFONSEVisesh Infotecnics Limited· Computers - HardwareMediumNeutral
Announced Wed, 15 Oct · 14:40 IST

Visesh Infotecnics Limited has informed the Exchange regarding 'This is in continuation of our earlier intimation dated 18th September 2025, wherein we informed the Stock Exchanges that the Writ Petition filed by MPS Infotecnics Limited was, listed as Item No. 25 in the cause list of Hon ble Justice Mr. Sachin Dutta before the Hon ble High Court of Delhi, and was adjourned & listed the petition to15th October 2025.In this regard we wish to inform you that the said writ petition was mentioned by our advocates appearing for the Company & sought the Hon ble Court s permission to withdraw and with liberty to file a fresh Writ Petition as the Writ Petition suffered from certain technical deficiencies. Upon hearing, the court permitted the Company s counsel to withdraw and file a fresh writ Petition.The above is subject to orders dictated by the Court, & which shall be made available as soon as the same is uploaded on the Court s website. We also take this opportunity to inform you that as soon as fresh Writ Petition is filed, the same will be immediately informed.'.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Visesh Infotecnics has informed the stock exchanges about an update on a Writ Petition listed before the Delhi High Court (Justice Sachin Dutta). Originally adjourned to 15th October 2025, the company's advocates sought permission from the court to withdraw the petition due to certain technical deficiencies. The court allowed the withdrawal with liberty to file a fresh Writ Petition. The company has stated that the filing of any new petition will be communicated to the exchanges immediately.

Likely market impact

This is a procedural legal update with no immediate material impact on the business or shareholders. The withdrawal with liberty to refile is a routine step and does not indicate any adverse outcome; however, the outcome of the fresh petition, once filed, could have future implications.