Pritika Auto Industries Limited — Others, 19-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Pritika Auto Industries Ltd has filed a writ petition before the High Court of Himachal Pradesh challenging a February 2025 order rejecting its refund request of ₹1.53 crore under the Budgetary Support Scheme. The petition seeks to quash the order and to direct the issuance of the refund, including interest, pertaining to multiple financial periods. The company does not anticipate significant financial repercussions from this litigation. This development may create a neutral impact on investor sentiment, as the outcome of the petition could either recover funds or solidify fiscal stability, underscoring the importance of ongoing legal matters for the business.