CARE Ratings Limited announced that the Madras High Court has vacated an injunction that previously restrained the company from alienating its assets. The court issued the order on June 3, 2026, lifting the restriction after the company complied with the directives outlined in the earlier order dated February 1, 2023. The company received a copy of this order on June 4, 2026.

The development follows previous disclosures made by the company in letters dated February 3, 2023, and April 20, 2023. Those communications had detailed the Hon'ble Madras High Court's initial order from February 1, 2023, which had imposed the injunction until the company provided adequate security. The recent court order confirms that the company has met the necessary compliance requirements, although the compliance was executed without prejudice to the company's rights in its appeals.

Key Details of the Court Order

The filing was submitted to the exchanges by Manoj Kumar CV, the Company Secretary & Compliance Officer of CARE Ratings Limited. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.

CARE Ratings Limited will attend a virtual investor conference organized by Pari Washington on June 2, 2026, at 11:00 AM. The company clarified that no unpublished price sensitive information (UPSI) is intended to be discussed during the interactions, and discussions will refer to publicly available documents.

The intimation was submitted to the exchanges pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015. Manoj Kumar CV, Company Secretary & Compliance Officer of CARE Ratings Limited, signed the filing on May 27, 2026.

The company noted that changes to the schedule may occur due to exigencies on the part of the participants or the company. The Investor Presentation for the event has been made available on the company's official website.

Event Details