SRIVARU Holding Faces Legal Battle Over Warrant Dispute

Tip Ranks
2025.02.21 19:57
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SRIVARU Holding Limited (SVMH) is embroiled in a legal dispute with Sabby Volatility Warrant Master Fund Ltd. in New York’s Supreme Court over warrant exercise calculations. Sabby claims damages and additional shares due to discrepancies in the exercise of warrants. SVMH is defending against the lawsuit while maintaining its focus on its electric mobility business. The company aims to protect shareholder value amid stock volatility, with a year-to-date price performance of -94.62% and a consensus rating of 'Buy'.