Sahasra Electronic Solutions Limited — Others, 05-03-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Sahasra Electronic Solutions Limited has announced a board meeting on the execution of a settlement agreement regarding ongoing disputes with APVM Electronics Private Limited. The parties have mutually settled a principal amount of ₹4.14 crore, reducing it to ₹3.65 crore after a 12% discount. Additionally, ₹44.42 lakh is due for undelivered goods, with a negotiated payment of ₹22.21 lakh after a 50% discount. The total outstanding amount of ₹3.87 crore will be paid in six monthly installments starting March 2025. This resolution enhances financial stability, reducing potential litigation risks and improving cash flow management. Investor sentiment may shift positively due to the resolution of disputes and payment terms.