Kiri Industries Limited - Updates

31 Jan 2022 , 12:00 AM

Kiri Industries Limited has informed the Exchange regarding Updates on Court case in Singapore in Compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. . With regard to above, we are pleased to inform you that the hearing at Court of Appeal (Singapore Supreme Court) took place on 26 January, 2022 and 28 January, 2022 and completed in relation to the appeals filed by the Company and Senda International Capital Limited ( Senda ) against the Singapore International Commercial Court (SICC) judgements dated 21 December, 2020, 17 March, 2021 and 21 June, 2021 regarding company s minority oppression suit No. SIC/4 against Senda. The Court of Appeal heard the arguments from both the sides and the judgement has been reserved. We shall update further once the judgement is made available. You are requested to kindly note the above.