PNC settles litigation for ₹2.55 Cr, ending prolonged dispute

Pritish Nandy Communications Ltd (PNC) has announced the settlement of a commercial appeal (Lodging No.9838 of 2026) with Mr. Sanjay Gupta, Proprietor of White Feather Films. The Honorable High Court of Judicature at Bombay disposed of the appeal on April 21, 2026, in terms of Consent Terms filed by both parties. Against an original claim of ₹3.52 crore plus interest, PNC will receive a lump sum net amount of ₹2.55 crore within 60 days. This settlement brings finality to the prolonged litigation and is expected to have a positive financial impact on the company, with no material adverse impact on its operations.