Syschem India Ltd — Important, 12-09-2025: Company Update

Syschem (India) Limited has received an order of disposal for a litigation case where Shri Shubham Road Carrier was the plaintiff. The plaintiff filed a memo stating the suit was not pressed, leading to its dismissal by the Additional Chief Judge, City Civil court, at Secunderabad. This outcome means Syschem (India) Limited avoids a potential financial liability of Rs. 0.15 Cr, which included a principal amount, litigation costs, and interest. This is a positive development, removing a financial contingency for the company.