Lyka Labs Limited — Others, 08-05-2025: Action(s) taken or orders passed

Lyka Labs has announced a board meeting on the financial results for the quarter and half-year. The company disclosed a City Civil Court order requiring it to provide security of Rs. 8.73 crore via bank guarantee or sureties and to disclose all assets under oath within two months. The court has temporarily barred asset transfers or encumbrances until the suit concludes. Lyka Labs is evaluating the order and intends to appeal, anticipating no impact on its business operations.