Nectar Lifesciences Limited — Others, 04-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Nectar Lifesciences Ltd. has announced a board meeting on April 4, 2025, to update shareholders on the company's legal matters, particularly regarding ongoing litigation with the Punjab State Pollution Control Board (PSPCB) and its appeal before the Hon’ble Supreme Court. The company faces an interim environmental compensation of ₹5 Crores, payable within two months, with the final amount to be determined by the PSPCB following due process. This legal situation presents potential risks to the company’s financial health and could influence investor sentiment, given the associated uncertainties and the company's strong rebuttal of the current findings.