Shashijit Infraprojects Limited's ongoing legal dispute with the Vapi Municipal Corporation regarding a leased property has been adjourned. The Hon'ble High Court of Gujarat postponed the hearing scheduled for August 14, 2026, to September 14, 2026.

The company disclosed the development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update follows previous disclosures made on February 15, 2024, June 4, 2026, June 20, 2026, July 7, 2026, and July 27, 2026.

Case Status

The matter remains pending before the High Court of Gujarat. As of the disclosure date, no adjudication on the merits of the case has been made. The dispute concerns the leased property acquired from the Vapi Municipal Corporation, formerly known as Vapi Nagar Palika.

Regulatory Compliance

The disclosure aligns with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026. The company confirmed that there are no changes in status related to litigation against key management personnel or promoters. Additionally, no settlement terms or financial impacts from a resolution have been reported, as the proceedings are still active.

Shashijit Infraprojects appointed Ms. Asha Shravankumar Khedia and Mr. Santosh Kumar Purohit as additional non-executive, independent directors on August 24, 2026.

The Board made the appointments following a recommendation from the Nomination and Remuneration Committee. Both appointees will serve five-year terms subject to shareholder approval at the upcoming annual general meeting.

Appointee Profiles

Ms. Khedia brings over 13 years of experience in corporate governance, taxation, and regulatory compliance. She is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI).

Mr. Purohit contributes more than 35 years of experience in civil engineering and construction consultancy. He holds a Bachelor of Engineering degree in Civil Engineering.

Regulatory Compliance

The company confirmed that both individuals meet the independence criteria under the Companies Act, 2013 and SEBI Listing Regulations. Neither director is related to existing board members or debarred by regulatory authorities.

The appointments comply with Regulation 30 of the SEBI (LODR) Regulations, 2015. The disclosure was filed with the Bombay Stock Exchange on August 24, 2026.