Saudi Darb Updates Enforcement Against Ex-Directors Over SAR100M Lawsuit

SAUDI DARB

SAUDI DARB

4130.SA

0.00

On July 28, 2026, Saudi Darb Investment Co. announced an update regarding the lawsuit filed against former members of its Board of Directors (for the term from February 10, 2010 to February 9, 2013) before the Capital Market Authority's Committee for the Resolution of Securities Disputes, seeking joint and several compensation of SAR 100,000,000. The company's legal counsel reported that decisions have been issued pursuant to Article (46) of the Enforcement Law concerning six enforcement applications submitted before the Enforcement Court in Riyadh against the said former board members. Saudi Darb Investment Co. confirmed it is actively monitoring the enforcement procedures through its legal advisor and will disclose any further material developments as they arise.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97037&anCat=1&cs=4130&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.