Pasari Spinning Mills Ltd — Important, 14-01-2026: Company Update

Pasari Spinning Mills announced that the Hon'ble High Court of Karnataka has granted a stay on proceedings related to a Proclamation of Sale. This decision halts the operation and implementation of the sale, which was initiated by the Commercial Court, Mysuru. Consequently, any sale proceedings involving the company's assets have been stayed. This is a significant development, preventing the immediate disposition of assets. Pasari Spinning Mills continues to pursue the matter, and the financial impact is currently being examined and cannot be quantified at this stage.