Further to the disclosures made by the Company on 12th May, 2026 and 02nd September, 2026, MosChip Technologies has informed that, pursuant to the judgment pronounced by the Hon’ble Supreme Court of India on 01st September, 2026, the judgment debtor has deposited an additional security amount of ?200 crore with the Hon’ble Supreme Court of India on 12th October, 2026, in compliance with the directions contained in the said judgment. As a consequence thereof, and in terms of the said judgment, the status quo order dated 11th May, 2026, insofar as it relates to MosChip Technologies, stands vacated. As stated in the earlier disclosures, the company is not connected with the underlying dispute. The Company had filed an Impleadment Application before the Hon’ble Supreme Court solely for the purpose of protecting its interests in connection with the proposed acquisition of Vayavya Labs. As stated earlier, there is no financial, operational or business impact on the Company in any manner.
