Litigation update
As filed · General Updates
What happened
FactTowers, Bandra (E). of 5% per month on certain unpaid wage. orders, or any other communication.
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.
Guidance
Withdrawnwe are committed and are working very hard to deliver double-digit revenue growth and double-digit EBITDA margin on an annual basis.
we are committed and are working very hard to deliver double-digit revenue growth and double-digit EBITDA margin on an annual basis.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- We continue to target double-digit revenue growth and double-digit EBITDA growth for FY27. (management committed by FY27)
- I think that's a realistic expectation. (management committed by FY27)
Evidence
- Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
- Earlier statement · Q1 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%