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Zostel withdraws latest Delhi HC plea in long-running OYO dispute

Zostel withdrew its latest Delhi High Court plea in its long-running dispute with OYO parent PRISM. Zostel continues to pursue a pending appeal and has asked SEBI to review OYO’s IPO disclosures over its claimed nearly 7% stake.

Reported figures

From the report. Source details below

  • 2015 proposed acquisition
  • May 2025 arbitral award ruling
  • July 8 earlier application withdrawal

Other figures

  • August 10 latest hearing
  • Section 37 appeal

The source

Source Read the source at Entrackr

Published

Confirmed by Inc42, Business Standard, NDTV Profit

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