New Light Industries Resolves Legal Proceedings After Internal Review

New Light Industries Ltd. has resolved a legal proceedings matter before the Hon'ble High Court of Delhi. The civil suit, originally filed by the company, was voluntarily withdrawn after most offending videos were taken down by concerned parties. The Hon'ble High Court of Delhi recorded the suit as dismissed. The company received the order copy through legal counsel and ensured internal review and administrative processes before disclosing. The delay in disclosure was inadvertent, and the company will adhere to SEBI timelines going forward.