BENGALURU: Delhi high court has listed hostel chain Zostel's appeal against IPO-bound hospitality firm Oyo for hearing on Aug 12, while disposing of an interim application Zostel filed. The dispute stems from Oyo's proposed acquisition of Zostel in 2015.

Zostel has sought that the market regulator examine whether the disclosures meet the standards of completeness, fairness and materiality required under securities laws.

Zostel asked Sebi to review Oyos IPO filings, escalating their dispute over the Zo Rooms acquisition. This and more in todays ETtech Top 5.