DELTACORP

DELTA CORP : SUPREME COURT STAYS TAX PROCEEDINGS AGAINST DELTA CORP & HIGHSTREET CRUISES ⚖️🎰 • ⚖️ Hon'ble Supreme Court of India passes an order staying all further proceedings pertaining to tax notices against Delta Corp Limited and its subsidiary Highstreet Cruises & Entertainment Pvt. Ltd. • 📋 Stay order covers notices related to alleged short payment of tax — proceedings halted till final disposal of SLP(C) Nos. 19366-19369/2023 and all tagged matters • 🏛️ Delta Corp had filed Writ Petition (Civil) No. 536/2026 before the Supreme Court — case listed as Item No. 9+10 in Court No. 1 • 🔗 Continuation of earlier disclosure dated March 18, 2026 — company had previously informed exchanges about receipt of these tax notices • 🛳️ Subsidiary involved — Highstreet Cruises and Entertainment Pvt. Ltd. (operates offshore casino vessels) also covered under the stay order • ⏸️ All further proceedings on the tax demand notices now stayed until Supreme Court delivers its final verdict on the matter 🟢 Impact: Positive (Supreme Court stay provides significant interim relief to Delta Corp — halts immediate tax demand proceedings and reduces near-term financial liability risk until final verdict)