
Legal14 May 2026, 04:52 pm
Meyer Apparel Settles Decade-Old Litigations
AI Summary
Meyer Apparel Ltd. has settled litigations that are over a decade old to save litigation costs and management time, without admitting any liability. The financial impact of this settlement will be reflected in the financial results for the June 2026 quarter. This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Meyer Apparel settles decade-old litigations.
- Settlement aims to save litigation costs and management time.
- No liability admitted in the settlement.
- Financial impact to be reflected in June 2026 quarter results.
- Disclosure made under SEBI (LODR) Regulations, 2015.
Price Impact
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