Orient Cement Limited — Important, 23-12-2024: General Updates

Orient Cement Limited has received a demand note from Maharashtra State Power Generation Company Limited (MSPGCL) related to a commercial dispute arising from an agreement for the supply of fly ash from MSPGCL's Bhusawal Thermal Power Station. The demand totals ₹8.71 crore. The company is challenging this demand, believing it has strong legal grounds to defend its position. Management assesses that this issue will not have a significant financial impact on the company, indicating a positive outlook for its financial stability despite the dispute. Investors should monitor the situation closely as it develops.