Shashijit Infraprojects Limited has updated stakeholders on the status of its ongoing legal dispute concerning a leased property acquired from Vapi Municipal Corporation (erstwhile Vapi Nagar Palika). The matter remains pending before the Hon'ble High Court of Gujarat, with the next hearing scheduled for August 14, 2026. No final order or decision on the merits of the case has been issued by the court as of July 27, 2026.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026. This filing follows earlier disclosures made by the company on February 15, 2024, June 4, 2026, June 20, 2026, and July 7, 2026, regarding the same proceedings.

Legal Proceedings Timeline

The company provided specific details regarding the recent developments in the litigation:

Neha Mewara, Company Secretary & Compliance Officer of Shashijit Infraprojects Limited, confirmed that the proceedings continue to remain pending. The company stated that there is no change in the status requiring immediate financial provisioning beyond what may have been previously disclosed, as no settlement terms, compensation, or penalties have been finalized.

Regulatory Compliance

The information has been submitted to the Department of Corporate Services at BSE Limited, where Shashijit Infraprojects Limited is listed under Scrip Code 540147 and Security ID SHASHIJIT. The full details are also available on the company’s website at www.shashijitinfraprojects.com .

What the Numbers Show

While this disclosure does not contain new financial metrics, the continued pendency of the lease dispute highlights an operational risk factor for Shashijit Infraprojects Limited. Investors should monitor future filings for any orders passed on August 14, 2026, which could impact the company’s access to the leased property or result in financial liabilities if a penalty or compensation is awarded.

Shashijit Infraprojects Ltd announced on July 7, 2026, that the hearing regarding the dispute concerning a leased property acquired from Vapi Municipal Corporation has been adjourned. The matter was listed before the Hon'ble High Court of Gujarat on July 6, 2026, but could not be taken up for hearing. The court has rescheduled the proceedings to July 16, 2026.

The dispute relates to the leased property acquired from Vapi Municipal Corporation, formerly known as Vapi Nagar Palika. The company stated that the matter continues to remain pending before the Hon'ble High Court of Gujarat. No adjudication on the merits of the case has been made as of the date of this disclosure.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The update references the company's earlier disclosures dated February 15, 2024, June 4, 2026, and June 20, 2026.

Key Details of the Proceedings

The following table outlines the current status of the legal proceedings:

The company confirmed that the information is also available on its website. Neha Mewara, Company Secretary & Compliance Officer, signed the disclosure.