Oriental Aromatics Limited — Others, 27-01-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Oriental Aromatics has received a judgment from the Hon’ble High Court of Gujarat regarding a pending Labour Union Agreement litigation, which the company intends to appeal at the Supreme Court. The court upheld the Industrial Tribunal's prior order, leading to a potential financial impact of approximately ₹1.30 Crores after accounting for provisions of ₹1.02 Crores. This development signals ongoing legal challenges for the company, which may heighten investor concern regarding its legal risk exposure. However, the company's decision to appeal indicates a proactive stance in defending its position.