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74,339.44
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Corporate Announcement
Security Code
532400
Company
Birlasoft Ltd
Exchange Received Time
14/09/2018 16:31:44
Exchange Disseminated Time
14/09/2018 16:31:54
Time Taken
00:00:10
An Update On Lawsuit Filed By Copart Inc. ('Copart') Against Sparta Consulting, Inc. ('Sparta'), KPIT Infosystems, Inc. And KPIT Technologies Ltd''. |
9/14/2018 4:31:45 PM
Post the jury verdict, both Sparta and Copart raised several issues for the Court. The Court has given a ruling on some of the issues, as a result of which Sparta's net liability has been reduced from approximately $16M to approximately $8M. The ruling on other issues is still awaited. Sparta would have a further right to appeal the Court's Order.
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