Cyber Media (India) Ltd

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform that a Petition No. O.M.P. (EFA) (COMM.) 2/2023 has been filed before the Honble High Court of Delhi at New Delhi by Mr. Ram Capoor Ex-employee of CyberMedia India LLC (WOS of the Company which was dissolved on March 08 2021) alleging the demand of USD 2167229.50 under an ex-parte arbitral foreign award dated October 12 2022 against:1. CyberMedia India LLC (WOS of the Company which was dissolved on March 08 2021);2. The Company;3. Kurrent Media LLC (WOS of the Company which was dissolved on March 08 2021; and4. Mr. Pradeep Gupta Chairman and Managing Director of the Company (in his individual capacity).The Company is seeking appropriate legal advice and shall take all necessary steps to protect the interest of the Company in the aforesaid matter.