UFO Moviez Loses Interim Status Quo Protection in TSR Films Arbitration; Agreement Stands Terminated:

UFO Moviez India Limited has informed the stock exchanges that, in relation to the arbitral proceedings ongoing between UFO Moviez India Limited and TSR Films Private Limited, it has received an order dated September 17, 2026.

The proceedings were initiated against the company because of an Advertisement Agreement dated December 23, 2023, concerning in-cinema advertising rights on TSR screens. As a result of the agreement, a Sole Arbitrator was appointed in June 2025; however, TSR Films Private Limited, via a notice issued on September 23, 2025, had terminated the entire agreement.

Subsequent to the receipt of the notice, the company furnished an interim application under Section 17 of the Arbitration and Conciliation Act, 1996. Through the application, the company requested continuation of the contractual arrangement pending the arbitration. Thereafter, on October 01, 2025, the Sole Arbitrator granted an interim status quo and was operating since that date.

However, being aggrieved by the decision, TSR, after a period of about 10 months (on July 29, 2026), challenged the continuation of the status quo order before the Sole Arbitrator. Now, through the present disclosure, the company is informing the stock exchanges that the Sole Arbitrator has dismissed its Interim Application via an Order dated September 17, 2026. Correspondingly, the earlier interim order granting status quo has also been withdrawn. Consequently, the impugned agreement stands terminated.

The aforementioned disclosure has been made by UFO Moviez India Limited vide an Intimation dated September 18, 2026, addressed to the Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE), in pursuance of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

According to the intimation, "order is confined to the interim application and states that it does not adjudicate the merits of the case i.e. the claim petition and the defense and counter claim filed by the parties in the arbitration and this Order has no bearing in the main case. As such the respective claims of the parties remain pending before the Sole Arbitrator, and the Company's defense and counterclaim are unaffected."

According to the company, the present action is not likely to have any impact on its financial, operational and business activities. Presently, the company is in the process of evaluating the order and is looking for all appropriate legal remedies. The company has disclosed that it will take all relevant steps to protect its interests.