The company stated in concall of Q1fy24 :
the high court has passed anorder saying that the shares – the captured shares, which are at 2.5 crores shares arerelated to a single promoter entity – single – which is Sapphire Finman and not related toother promoters. So this is a very welcome development as far as we are concerned. So,we would expect the entire sales team to just one promoter entity and not for the other – does not relate to any other promoter shares. Plus the notifi cation about the website --the High Court website today or tomorrow will be put up on the exchange. And we willkeep all our investors informed about the developments. The next hearing for this case inthe High Court has been scheduled for 28 August and we’ll keep all of you informedabout the progress.
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