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Bajel Projects LimitedOthers, 15-02-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

15-02-2025 | 01:17 pm

Bajel Projects Limited has provided an update on ongoing litigation involving a claim of Rs. 4.24 crore filed by Mr. Sushil Kumar Rout against the company. The claim includes Rs. 2.02 crore for various works with deviated quantities, Rs. 2.00 crore for interest, and Rs. 20.95 lakh for litigation costs, related to a Work Order and its amendment from 2018 and 2019. This ongoing litigation could pose a potential financial risk, depending on the outcome and any required settlements. Investors may monitor this situation closely as it may impact the company's financial health and operational strategy.

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