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SRIVARU (SVUHF) resolves Sabby share-issuance dispute with no-fault settlement

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

SRIVARU Holding Limited has resolved a legal dispute with Sabby Volatility Warrant Master Fund Ltd. through a settlement agreement. The case involved differing interpretations of contract terms governing how many ordinary shares the company was required to issue. Sabby claimed more shares were owed, while the company argued the demand exceeded its obligations.

The settlement was reached after arm’s-length negotiations and resolves the litigation in the New York State Supreme Court. The agreement was entered into without any admission of wrongdoing, fault, or liability by either party, allowing both sides to avoid the uncertainty, time, and expense of continued litigation.

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Insights

SRIVARU eliminates a share-issuance lawsuit overhang via a no-fault settlement.

The company has settled litigation with Sabby Volatility Warrant Master Fund over how many ordinary shares were required under prior agreements. This removes the risk and distraction of an ongoing New York Supreme Court case tied to the share issuance terms.

The settlement followed arm’s-length negotiations and explicitly includes no admission of wrongdoing, fault, or liability by any party. While the filing does not detail financial terms, it states the resolution avoids the uncertainty, time, and expense of continued litigation, suggesting management prioritized closure and cost control.

Future disclosures in company filings may clarify any financial effects of the settlement, such as impacts on share count or cash, which would help investors understand how the resolution interacts with existing capital structure and potential dilution.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of January 2026

 

Commission file number: 001-41884

 

SRIVARU Holding Limited

 

3rd Floor, Genesis House, Unit 18, Genesis Close, George Town,

P.O. Box 10655

Grand Cayman, KY1-1006

Cayman Islands

+1 (888) 227-8066

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 
 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Settlement of Litigation

 

SRIVARU Holding Limited (the “Company”) announces that it has entered into a settlement agreement to resolve litigation previously pending in the Supreme Court of the State of New York, County of New York, brought by Sabby Volatility Warrant Master Fund Ltd. (“Sabby”).

 

The litigation arose from a dispute regarding the interpretation and application of certain contractual provisions relating to the issuance of ordinary shares. Sabby asserted that the Company was obligated to issue additional shares, while the Company maintained that the number of shares demanded exceeded the amount required to be issued under the applicable agreements.

 

Following arm’s-length negotiations, the parties reached a mutually acceptable settlement to resolve the matter. The settlement avoids the uncertainty, time, and expense associated with continued litigation and was entered into without any admission of wrongdoing, fault, or liability by any party. The parties are satisfied with the resolution and are pleased to put the matter behind them

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  SRIVARU Holding Limited
   
Date: February 2, 2026 By: /s/ Mohanraj Ramasamy
    Mohanraj Ramasamy
    Director

 

 

 

FAQ

What litigation did SRIVARU Holding Limited (SVUHF) settle?

SRIVARU settled litigation in the New York State Supreme Court with Sabby Volatility Warrant Master Fund Ltd. The case centered on how to interpret contractual terms governing the issuance of ordinary shares under earlier agreements between the parties.

What was the core dispute in SRIVARU’s case with Sabby Volatility Warrant Master Fund?

The dispute involved how many ordinary shares SRIVARU was required to issue under certain contracts. Sabby claimed additional shares were owed, while SRIVARU argued Sabby’s demand exceeded the number required by the applicable share issuance agreements.

Did SRIVARU (SVUHF) admit wrongdoing in the Sabby litigation settlement?

No. The settlement was expressly entered into without any admission of wrongdoing, fault, or liability by SRIVARU or Sabby. Both parties instead chose a negotiated resolution to avoid the uncertainty, time, and expense associated with continuing the court case.

Why did SRIVARU Holding Limited choose to settle the Sabby litigation?

SRIVARU states the settlement avoids the uncertainty, time, and expense of continuing litigation in New York. By reaching a mutually acceptable agreement after arm’s-length negotiations, both parties can put the dispute behind them and eliminate ongoing legal distraction and cost.

What does the SRIVARU (SVUHF) 6-K say about the outcome of the Sabby dispute?

The 6-K explains that SRIVARU and Sabby reached a mutually acceptable settlement resolving the share-issuance dispute. The parties are described as satisfied with the resolution and pleased to move on, with no admissions of wrongdoing or liability on either side.