Zetwerk, Ayr Energy Settle Legal Dispute

IPO-bound Zetwerk and US-based transformer startup Ayr Energy have reached a settlement by agreeing to dismiss all claims in lawsuits pending before the Texas Business Court and a separate case involving Zetwerk Manufacturing Businesses and Ayr Energy’s founder Anirudh Reddy before a Bengaluru court. “The companies have dismissed all claims asserted in the lawsuits pending in the Texas Business Court and those asserted in the case involving Zetwerk Manufacturing Businesses Limited and Anirudh Re