Page Industries Limited has announced that both the company and Yellow Flower Trading LLC (“YFT”) have filed separate appeals following the dismissal of a claim by the Dubai Court. Page Industries is appealing on the issue of jurisdiction, while YFT is challenging the case’s dismissal. The company will provide further updates on any material developments as required by law.
Litigation Update: Company and Counterparty File Appeals
Page Industries Limited has provided an update regarding ongoing litigation with Yellow Flower Trading LLC (“YFT”). Further to previous disclosures dated 2 September 2026 and 21 September 2026 concerning a claim initiated by YFT, which was dismissed by the Dubai Court, the company announced that both parties have now filed separate appeals.
Details of the Appeals
The Company has lodged an appeal focused on the specific issue of jurisdiction. Concurrently, Yellow Flower Trading LLC has filed its own appeal, challenging the court’s decision to dismiss the original case. The company assures stakeholders that any further material developments concerning this matter will be disclosed in accordance with applicable laws and regulations.
Source: BSE
