SMVD Poly Pack Limited — Others, 22-01-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

SMVD Poly Pack Limited has provided an update on ongoing litigation with South Indian Bank regarding pre-closure charges from a loan takeover. The original appeal, filed with the High Court on March 25, 2022, is still unresolved; however, the High Court has directed that the writ petition will be refiled. This situation may introduce uncertainty for investors, as the outcome could impact the company's financial stability and operational focus. Continued updates will be communicated to stakeholders as the litigation progresses.