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Inventure Growth & Securities Limited · INVENTURE
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Inventure Growth & Securities Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Update on Litigation / Dispute (Arbitration Proceedings)' regarding ongoing arbitration proceedings involving the Company and Managing Director.
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Inventure Growth & Securities Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Update on Litigation / Dispute (Arbitration Proceedings)'.
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INVENTURE_08092026174130_Reg30_Compliance_Final_KR.pdf
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Date: 08.09.2026
National Stock Exchange of India Ltd, BSE Ltd,
Exchange Plaza, 5th Floor, Department of Corporate Services
Plot No. C/1, G Block, P. J. Towers, Dalal Street,
Bandra Kurla Complex, Mumbai - 400 001
Bandra (East), Mumbai – 400 051
Scrip Name: Inventure Scrip Code: 533506
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 – Update on Litigation / Dispute (Arbitration Proceedings)
Dear Sir/Madam,
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, read with SEBI Master Circulars, and in continuation of our previous disclosure we wish to
inform you about a regulatory/procedural development in the ongoing arbitration proceedings
involving the Inventure Growth & Securities Limited (“the Company”) Company and Managing
Director.
The Company had filed an application under Section 16 of the Arbitration and Conciliation Act, 1996,
challenging the jurisdiction of the Arbitral Tribunal. The Learned Sole Arbitrator has, vide an order
dated September 3, 2026, rejected the said application.
Further, the hearing was held on 5th September, 2026, the Arbitral Tribunal heard arguments
regarding the Claimant’s application for production of documents, which was strongly opposed by
the Company's counsel on the grounds of burden of proof and limitation. Upon considering the
submissions including references to an alleged separate arrangement/agreement, the Sole
Arbitrator observed that the matter requires further consideration in light of these developments
and has scheduled the next hearing, for further arguments.
The requisite details of the order as required under SEBI Listing Regulations are enclosed herewith
as Annexure A.
This is for your information and record.
Thanks & Regards,
For Inventure Growth & Securities Ltd
Kanji B. Rita
Chairman & Managing Director
(DIN: 00727470)
Annexure A
Required Disclosures for Pendency of Litigation / Dispute / Outcomes under Regulation 30
Sr. Particulars / SEBI
Event Details & Disclosures
No. Required Fields
Brief details of Arbitration proceedings arising out of an Agreement for Sale of
litigation / dispute Company’s Shares amongst its Shareholder dated August 13, 2014.
Claimants: Nagji Keshavji Rita & Ors.
Name of the opposing
2. Respondents: Kanji Bachubhai Rita & Ors. (including the Company
party / parties involved
as Respondent No. 3).
The Company had challenged the Arbitral Tribunal's jurisdiction
under Section 16 of the Arbitration & Conciliation Act, 1996, on the
grounds that it was a non-signatory to the underlying Agreement.
The Sole Arbitrator rejected the Section 16 application, holding the
Key details & outcome
3. Company a "veritable party" to the arbitration based on
of the Order
performance obligations and surrounding facts (applying Supreme
Court principles including Cox and Kings Ltd.).The issue of limitation
has been kept open to be tried alongside main issues in the
arbitration (Order XIV Rule 1 of CPC, 1908).
Quantum of claims Quantified claims on merits are subject to the final trial; this specific
involved (if any) order purely addresses preliminary jurisdiction.
Expected financial
This is a procedural order deciding jurisdictional maintainability qua
implication, if any, due
5. Respondent No. 3. There is no direct, immediate adverse financial
to compensation,
or operational impact on the Company arising solely from this order.
penalty etc.