Olectra Greentech impleaded in PIL over land acquisition

Olectra Greentech Ltd has been impleaded as a respondent in a Public Interest Litigation (PIL) filed before the Hon'ble High Court of Telangana, challenging the acquisition and allotment of land by Telangana Industrial Infrastructure Corporation (TGIIC). The litigation specifically concerns 150 acres of land allotted to the company at Seetharampur, Hyderabad, for the construction of its Greenfield EV Manufacturing Facility. The company stated it is taking appropriate legal measures to defend its interests before the court.

The PIL, filed by Mr. Perala Shekhar Rao, names TGIIC as the primary respondent and challenges the acquisition of certain lands and their subsequent allotment to various parties. Olectra Greentech Ltd is among the parties impleaded as respondents in the matter. The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

According to the filing, the company does not anticipate any financial implications in the form of compensation or penalties at this stage. The quantum of claims has been referred to the brief details of the dispute provided in the regulatory filing.

Details of the Litigation

The following table outlines the key particulars of the legal proceedings as disclosed by the company:

S.No	Particulars	Details
a)	Brief Details of Litigation
	Name of the Opposing Party	Mr. Perala Shekhar Rao
	Court/ Tribunal/Agency	Hon'ble High Court of Telangana
	Brief details of dispute	The Company has been impleaded as a Respondent along with other parties, in a Public Interest Litigation (PIL) filed before the Hon'ble High Court of Telangana against Telangana Industrial Infrastructure Corporation (TGIIC), challenging the acquisition of certain lands by TGIIC and allotment of said lands to various parties. This includes 150 acres of land allotted to the Company by TGIIC at Seetharampur, Hyderabad for construction of its Greenfield EV Manufacturing Facility.
b)	Expected financial implications	Not Applicable
c)	Quantum of claims	Refer to brief details of dispute as specified above.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.27%	+1.48%	-9.54%	+27.31%	-7.13%	+307.87%

Olectra Greentech Limited will engage with investors through a non-deal roadshow scheduled for June 24 and June 25, 2026. The company’s senior management will conduct these meetings in physical mode, starting at 10:30 A.M. onwards. The initiative aims to facilitate discussions with investors based on publicly available documents, ensuring transparency without disclosing any unpublished price sensitive information.

The disclosure was made under Regulation 30 read with Para A of Part A of Schedule III and Regulation 46(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The schedule for the meetings remains subject to change due to exigencies on the part of the investors or the company.

Meeting Details

The following table outlines the specifics of the upcoming investor interactions:

Date & Time	Particulars	Type of Meeting	Mode
24th to 25th June 2026 & 10:30 A.M. onwards	Meeting between senior management of the Company and Investors	One-to-One/Group	Physical

Olectra Greentech clarified that the discussions will rely on existing public data. The company emphasized that no material non-public information will be shared during the sessions. The filing was submitted by P Hanuman Prasad, Vice President-Company Secretary & Legal.