Tarini International Ltd has received a significant legal reprieve with the Hon'ble High Court granting a stay on ROC (Registrar of Companies) proceedings against the company's Directors and Key Managerial Personnel (KMP). The company informed BSE Limited of this development through a formal communication dated March 26, 2026.

High Court Stay Details

The High Court stay specifically relates to the ROC matter against the Directors and KMP of Tarini International Ltd in connection with summons dated February 16, 2026. The company had previously communicated about this matter to BSE Limited on February 16, 2026, and has now provided an update following the court's intervention.

Regulatory Compliance

The disclosure has been made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to inform stock exchanges about material events and developments. Managing Director V Chandrashekhar signed the communication, ensuring proper corporate governance protocols were followed.

Company Communication

Tarini International Ltd, headquartered at D-2, Amar Colony, Lajpat Nagar-IV, New Delhi, has maintained transparency by promptly updating the exchange about this legal development. The company emphasized that this information is being submitted for BSE's records and in compliance with applicable SEBI regulations.

The stay order represents a positive development for the company's management, providing temporary relief from the ROC proceedings while the matter remains under judicial consideration.

Tarini International Ltd has notified BSE Limited about receiving court summons related to a Registrar of Companies (ROC) show cause notice, marking a significant legal development for the infrastructure company.

Court Summons Details

The company disclosed on 16th February 2026 that it, along with its Directors and Key Managerial Personnel (KMP), has received two summons from Dwarka District Court New Delhi. These summons pertain to a ROC show cause notice dated 27.03.2024 and a subsequent complaint.

Company's Response and Legal Position

Tarini International has stated that the matter is currently under legal review. The company plans to file an appropriate response to the summons in accordance with its legal rights and applicable law. This disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Impact Assessment

Regarding the potential impact on operations, the company has provided a reassuring outlook:

• No material impact expected on financial operations
• No anticipated effect on other business activities
• Company describes the issues as "outcome of decade old persecution"

The disclosure indicates that while the legal matter requires attention, Tarini International does not expect it to significantly affect its business operations or financial performance. The company's characterization of the matter as relating to decade-old issues suggests this may be part of ongoing legacy legal proceedings.

Regulatory Compliance

The notification was signed by V Chandrashekhar, Managing Director of Tarini International Ltd, and submitted to BSE Limited as part of the company's regulatory disclosure obligations. The company has requested BSE to take note of this information on record, ensuring transparency with stakeholders and regulatory authorities.