NSEUpdates3 Jul 2026 · 3 Jul 2026, 07:44 pm

Updates

Sonata Software Limited · SONATSOFTW

✦ AI SummaryRegulatory

Sonata Software Limited has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI LODR' regarding an update on legal proceedings. The company has provided details of a dismissed involuntary petition against OBSA Operating Company, LLC, and an out-of-court assignment for the benefit of creditors.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Sonata Software Limited has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI LODR'.

Attachments (1)

📄

SONATSOFTW_03072026194240_seintimationreg30.pdf

pdf

Download →
View document text
3rd July, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, P.J. Towers, Dalal Street Mumbai Mumbai Kind Attn: Manager, Listing Department Kind Attn: Manager, Listing Department Email Id: neaps@nse.co.in Email Id: listing.centre@bseindia.com Stock Code - SONATSOFTW Stock Code - 532221 Dear Sirs / Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Update on legal proceedings With reference to the captioned subject and in relation to earlier intimation dated 7th March, 2026, we would like to provide an update on legal proceedings. Accordingly, the details are attached herewith as Annexure A as per the requirements of Regulation 30 (6) read with Schedule III, Part A, Para B (8) of the SEBI LODR and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. We request you to kindly take the same on record. Thanking you, Yours faithfully, For Sonata Software Limited Mangal Kulkarni Company Secretary, Compliance Officer and Head Legal Enclosed - As above. Sonata Software Limited - SSL W: www.sonata-software.com Registered Office: 208, T V Industrial estate, 2nd Floor, S K Ahire Marg, Worli, Mumbai – 400 030 E: info@sonata-software.com Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobli, T: +91 80 6778 1000 Mysore Road, Bengaluru – 560059, India CIN: L72200MH1994PLC082110 Annexure A Disclosure as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (a) the details of any change in the status and Sonata Software North America, Inc (“SSNA”), / or any development in relation to such the petitioning creditor had filed Involuntary proceedings; Petition under Chapter 7 of United States Bankruptcy Code against OBSA Operating Company, LLC (“OBSA”), the debtor. The Court has dismissed the Involuntary Petition as a sanction against OBSA, due to OBSA’s failure to comply with Rule 1007(a)(2) of the United States Federal Rules of Bankruptcy Procedure (the “Rules”). Consequent to this, OBSA executed a separate general assignment for the benefit of its creditors (“ABC”) under California law as a means of concluding the affairs of an insolvent debtor as an alternative to Chapter 7 bankruptcy procedure. Such assignment for the benefit of creditors, including SSNA, is an out-of-court assignment. (b) in the case of litigation against key Not Applicable management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings; (c) in the event of settlement of the Not Applicable proceedings, details of such settlement including - terms of the settlement, compensation/penalty paid (if any) and impact of such settlement on the financial position of the listed entity. Sonata Software Limited - SSL W: www.sonata-software.com Registered Office: 208, T V Industrial estate, 2nd Floor, S K Ahire Marg, Worli, Mumbai – 400 030 E: info@sonata-software.com Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobli, T: +91 80 6778 1000 Mysore Road, Bengaluru – 560059, India CIN: L72200MH1994PLC082110