Riyadh – Mubasher: Saudi Darb Investment Company announced on 28 July 2026 that it received updates from the legal counsel regarding the enforcement of a final judicial decision against former board members.
The case involves a claim for joint and several compensation totaling SAR 100 million, according to a bourse filing.
The legal action targets individuals who served on the company’s board of directors during the term spanning from 10 February 2010 to 9 February 2013.
Following a ruling by the Appeal Committee for Resolution of Securities Disputes, the company’s legal representatives, Ahmed bin Othman Al Hukail & Partners, confirmed that enforcement orders have been issued under Article 46 of the Enforcement Law.
These orders relate to six enforcement requests filed before the Enforcement Court in Riyadh.
The proceedings follow a previous disclosure made by the company on 23 July 2026.
Saudi Darb stated it is actively monitoring the execution process through its legal advisors and will disclose any further material developments to shareholders as they occur.
