Xelpmoc Design And Tech Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
XELPMOC · price
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Xelpmoc Design And Tech Limited and its Promoters/Directors have filed a petition before the National Company Law Tribunal (NCLT), Bengaluru Bench, against Inqube Innoventures Private Limited (an investee company) and their promoters/directors. The petition, filed on May 22, 2026, alleges oppression and mismanagement under Sections 213, 241 and 244 of the Companies Act, 2013. The financial impact is limited to the extent of the amount invested in the investee company. The company has clarified that there is no impact on its operations or other activities.
This is a protective petition filed by Xelpmoc to safeguard its investment in an investee company. Since operations are unaffected, the direct stock price impact may be limited, though investors should monitor the outcome as it could affect the company's investment portfolio value.