JNK India Limited — Others, 07-02-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

JNK India Limited has announced a board meeting to discuss the filing of an Arbitration Petition by Suntech Infra Solutions Ltd., related to a terminated contract for civil foundation work at a project in Dahej, Gujarat. The company terminated the contract on January 22, 2025, citing non-performance by Suntech. JNK India believes that Suntech's claims are unsubstantiated and expects no material financial impact from the arbitration. This situation may influence investor sentiment positively, as the company's proactive stance could mitigate risks associated with litigation.