Rushil Decor LimitedRUSHILNSE
Litigation update
As filed · Updates
RegulatoryWatchNotablemateriality 64 out of 100
What happened
Factin the matter of Vespera Fund Limited v. RDL/023/2025-26 Dated 24.06.2025 about Securities Appellate Tribunal, Mumbai. The Securities Appellate Tribunal (SAT), Mumbai has.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedEarlierQ1 FY27
The Jumbo Laminates business recorded Revenue of Rs. 110 million during the quarter and reported an EBITDA margin of 20.6%.
NowQ1 FY27
EBITDA was Rs. 182 million with an EBITDA margin of 7.9%.
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement reported an EBITDA margin of 20.6%, while the current statement shows a margin of 7.9%. This represents a significant change in the stated target for the EBITDA margin.confidence 100%
Watch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- So in the first year, when we talk optimal capacity of Jumbo projects with both the phases implemented, then t (management committed by FY27)
- And when we are saying a total turnover of 250 or 270. That means on the first year, suppose when we start the (management committed by FY27)
Evidence
- Rushil Decor Limited has informed the Exchange regarding 'Update on Order passed by Securities Appellate Tribunal (SAT), Mumbai in the matter of Vespera Fund Limited v. SEBI & Ors'.(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%