Action(s) taken or orders passed
As filed · Oswal Greentech Limited has informed the Exchange about Action(s) taken or orders passed
RegulatoryWatchNotablemateriality 61 out of 100
What happened
FactOswal Greentech Limited has received an Arbitration Award in its favor from Sole Arbitrator Justice Deepak Verma in a case involving Arr Ess Industries Private Limited. The award was passed on June 4, 2025, under the Arbitration and Conciliation Act 1996. Further details are provided in Annexure A of the filing.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
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Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
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%