Legal21 Aug 2026, 06:30 pm
Jyoti Ltd: Court Dismisses M/s. Navinbhai Cables Suit
AI Summary
Jyoti Ltd has received a court order from the Bombay City Civil Court, Mazgaon, in commercial suit no. 691 of 2025. The suit was filed in 2002 by M/s. Navinbhai Cables Private Limited seeking recovery of ₹96,89,211/- for outstanding amounts, ₹87,49,556/- for penal liability under central sales tax, and litigation costs. The court, vide an order dated 20/08/2026, dismissed the suit filed by the plaintiff. Consequently, there are no expected financial, operational, or other material impacts on Jyoti Ltd.
Key Highlights
- Bombay City Civil Court dismissed a 2002 suit filed by M/s. Navinbhai Cables.
- The suit sought recovery of over ₹1.84 crore plus interest and costs.
- The court's order dated 20/08/2026 was uploaded on 21/08/2026.
- No financial or operational impact is expected for Jyoti Ltd.
- The company is complying with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Price Impact
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