Delhi HC dismisses Zostel's fresh plea in Oyo equity dispute ahead of IPO
The Delhi High Court has rejected Zostel's latest plea seeking interim protection of its claimed 7% stake in Oyo ahead of the company's planned IPO. Oyo reaffirmed it would transfer 7% equity if Zostel prevails in the pending appeal, now listed for hearing on 12 August 2026.
Delhi High Court dismissed Zostel's fresh plea seeking interim protection of its claimed 7% Oyo stake ahead of Oyo's IPO. Oyo reaffirmed it would transfer 7% equity if Zostel wins the pending appeal, listed for August 2026.