Mauria Udyog Ltd — Important, 15-10-2025: Company Update

Mauria Udyog Limited has received a High Court order restricting Mr. Vishnu Kumar Sureka (HUF) and other individuals from selling, transferring, or creating third-party rights in their shares of the company. This interim injunction stems from a family dispute over control and ownership arrangements, which involved a family settlement and a Memorandum of Understanding. The petitioner highlighted a prior 21.29% reduction in Vishnu Kumar Sureka HUF's shareholding, from 1,00,61,500 to 79,19,036 equity shares. The court granted the interim relief to prevent further destabilization of the shareholding structure and potential adverse impact on the company's financial reputation and public perception. This order aims to preserve stability while the dispute is considered.