NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company10 Jul 2026 · 10 Jul 2026, 06:40 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Visaka Industries Limited · VISAKAIND

✦ AI Summary▲ PositiveLitigation

Visaka Industries Limited has informed the Exchange about the outcome of a litigation case against Hyderabad Cricket Association, where the Hon'ble Principal Special Court in the Cadre of District Judge for Trial and Disposal of Commercial Disputes, Hyderabad has allowed the Company's CEA No. 64 of 2026 in CEP No. 22 of 2025, i.e Cheque Petition on 08.07.2026. The Company has received a sum of ₹ 68,73,19,584/-(Rupees Sixty Eight Crores Seventy Three Lakhs Nineteen Thousand Five Hundred Eighty Four Only) (including interest) awarded by the Arbitral Tribunal in favour of the Company and confirmed by the Apex Court of India.

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Earnings Impact8/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Visaka Industries Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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VISAKAIND_10072026184033_Reg-30-Update_on_legal_disputes-HCA.pdf

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Date: 10.07.2026 Ref: VILSTEX/FY2027/19 National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, The Senior General Manager, Plot No. C/1G Block, Listing Compliances, Bandra Kurla Complex, Bandra (East), Floor 25, P. J. Towers, Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Scrip Code – VISAKAIND Scrip Code – 509055 Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on Legal Disputes Dear Sir/Madam, In continuation to our earlier intimations dated 29.09.2023, 26.06.2025, 07.10.2025 and 25.11.2026, in the matter of Visaka Industries Limited (“the Company”) vs. Hyderabad Cricket Association (“HCA”), we are to inform that, Hon'ble Principal Special Court in the Cadre of District Judge for Trial and Disposal of Commercial Disputes, Hyderabad allowed our CEA No. 64 of 2026 in CEP No. 22 of 2025, i.e Cheque Petition on 08.07.2026. Today the Company has received a sum of ₹ 68,73,19,584/-(Rupees Sixty Eight Crores Seventy Three Lakhs Nineteen Thousand Five Hundred Eighty Four Only) (including interest) awarded by the Arbitral Tribunal in favour of the Company and confirmed by the Apex Court of India. The details of disclosure required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in the prescribed format is enclosed herewith as Annexure A. This is for your information and records. Thanking you, Yours faithfully, For VISAKA INDUSTRIES LIMITED Ramakanth Kunapuli Assistant Vice President & Company Secretary Annexure A Sr. Particulars Details 1 Name of the Opposing Hyderabad Cricket Association (‘HCA’) Party 2 Name of the Court / Principal Special Court in the Cadre of District Judge Tribunal / Forum for Trial and Disposal of Commercial Disputes, Hyderabad. 3 Brief Details of Litigation / Hon'ble Principal Special Court in the Cadre of Dispute District Judge for Trial and Disposal of Commercial Disputes, Hyderabad allowed our CEA No. 64 of 2026 in CEP No. 22 of 2025, i.e Cheque Petition on 08.07.2026. 4 Expected Financial ₹68,73,19,584/-(Rupees Sixty Eight Crores Seventy Implications Three Lakhs Nineteen Thousand Five Hundred Eighty Four Only)(including interest) in favour of the Company. 5 Quantum of Claims / ₹68,73,19,584/-(Rupees Sixty Eight Crores Seventy Award Three Lakhs Nineteen Thousand Five Hundred Eighty Four Only) (including interest) 6 Date of Receipt of Final Today i.e., July 10, 2026, the Company has received Order to its bank account an amount of ₹68,73,19,584/- (Rupees Sixty Eight Crores Seventy Three Lakhs Nineteen Thousand Five Hundred Eighty Four Only) (including interest) awarded by the Arbitral Tribunal in Company’s favour and confirmed by the Apex Court of India. 7 Current Status / Final Today i.e., July 10, 2026, the Company has received Outcome to its bank account an amount of ₹68,73,19,584/- (Rupees Sixty Eight Crores Seventy Three Lakhs Nineteen Thousand Five Hundred Eighty Four Only) (including interest) awarded by the Arbitral Tribunal in Company’s favour and confirmed by the Apex Court of India. 8 Impact on Financials / Positive impact on the Financials of the Company Operations