Jay Ushin informs about business updates

Jay Ushin has informed that Ex-parte, ad-interim injunction order dated October 01, 2015 was suspended on October 09, 2015 pending final disposal of the injunction application of Ushin as well as application for vacation of injunction by Jay Ushin. An appeal was filed by Ushin seeking setting aside of observations made in the suspension order dated October 09, 2015. Appeal was disposed off vide order dated October 30, 2015 and indulgence sought therein was not accorded, as the observation in suspension order of Ld. Single Judge were not conclusive.

The above information is a part of company’s filings submitted to BSE.