Stylam Industries Signs Settlement Agreement for Share Dispute

Stylam Industries Limited announced that on December 26, 2025, a compromise-cum-settlement agreement was entered into by Jagdish Gupta, Saru Gupta, Nidhi Gupta, and Manit Gupta (collectively, the “Fir...

Stylam Industries Limited announced that on December 26, 2025, a compromise-cum-settlement agreement was entered into by Jagdish Gupta, Saru Gupta, Nidhi Gupta, and Manit Gupta (collectively, the “First Party”), and Pushpa Gupta, Dipti Gupta, and Manav Gupta (collectively, the “Second Party”). This agreement aims to achieve a full and final settlement of all claims, disputes, and legal proceedings concerning 4.55% of the Company's shares (equivalent to 7,71,400 shares). These shares were originally registered in the name of late Smt. Rattan Devi and subsequently transferred to Pushpa Gupta. The Company is a confirming party to this Settlement Agreement. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and further to previous disclosures made on April 04, 2025.

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Why is Stylam Industries Limited in the news today?

Stylam Industries Limited (STYLAMIND) is in the news due to the announcement pertains to a settlement of a dispute regarding share ownership. while resolving disputes is generally positive, the specific financial implications are not detailed, making the sentiment neutral.

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Stylam Industries Signs Settlement Agreement for Share Dispute

December 26, 2025, 08:24 AM

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Stylam Industries Limited announced that on December 26, 2025, a compromise-cum-settlement agreement was entered into by Jagdish Gupta, Saru Gupta, Nidhi Gupta, and Manit Gupta (collectively, the “First Party”), and Pushpa Gupta, Dipti Gupta, and Manav Gupta (collectively, the “Second Party”). This agreement aims to achieve a full and final settlement of all claims, disputes, and legal proceedings concerning 4.55% of the Company's shares (equivalent to 7,71,400 shares). These shares were originally registered in the name of late Smt. Rattan Devi and subsequently transferred to Pushpa Gupta.

The Company is a confirming party to this Settlement Agreement. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and further to previous disclosures made on April 04, 2025.

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