Litigation update
As filed · General Updates
RegulatoryWatchNotablemateriality 61 out of 100
What happened
FactSystems Limited (Company) has received an Order-In-Original confirming, no liability towards the disputed amount. of INR 25.66 Crores and drop of all the proceedings against the ongoing dispute as mentioned in the Show Cause.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
Scale
- 6.8% of FY26 revenue
₹25.66 Cr stated in the filing against ₹377.88 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
Watch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- We are confident of achieving a good number for the current financial year, which would be in the range of 20% (management committed by FY26)
- So, if you take roughly out of this, roughly around 20% would be executed in the current financial year. (management committed by FY26)
Evidence
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%