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Sahasra Electronic Solutions LimitedResults, 29-01-2025: Integrated Filing- Governance

29-01-2025 | 05:13 pm

Sahasra Electronic Solutions Limited has provided updates on an ongoing dispute with APVM Electronics Private Limited. The matter, initiated on August 14, 2024, was previously pending mediation in Rohini Court, Delhi, where a mediation fee of ₹15,000 was deposited. However, the mediation was unsuccessful, leading APVM Electronics to seek pre-institution mediation through the Delhi High Court Legal Services Authority, and the dispute remains unresolved.

This update may lead to investor concerns regarding the prolonged litigation process, which could impact the company's operational stability and financial performance. However, effective management of the dispute might present a potential opportunity for resolution in the future.

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