Visesh Infotecnics Limited has informed the Exchange regarding ''.the Writ Petition filed by the Company against the Securities and Exchange Board of India & Others, including Central Depository Services (India) Limited, National Securities Depository Limited, National Stock Exchange of India Limited, and BSE Limited,, which was formally submitted on 18th August 2025.The Writ Petition is now expected to be listed for hearing before the Hon ble High Court of Delhi on 19th August 2025.
Awaiting price reaction for this filing.
The company has re-filed a writ petition before the Delhi High Court against SEBI, CDSL, NSDL, NSE and BSE, challenging what it calls inappropriate charges levied by the depositories and the resulting fines imposed by the stock exchanges. The original petition was filed in December 2024 but faced objections from the court registry, which have now been cleared. The refiled petition was submitted on 18 August 2025 and is expected to be listed for hearing on 19 August 2025. The matter stems from charges and fines that the company has been contesting for some time.
For shareholders, this is a legal update and not a new development on its own — the outcome of the hearing on 19 August will determine whether the company gets relief from the disputed charges and fines. Until the court rules, the financial impact of the contested fines continues, and any positive ruling could reduce the company's liabilities, while a negative one would mean the fines stand.