ITD Cementation India Limited — Others, 16-12-2024: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

ITD Cementation India Limited has received an arbitration notice from Insta Concretex Private Limited, claiming ₹10.75 crore concerning concrete supply for a Kolkata project. An arbitration tribunal is yet to be appointed to resolve the dispute. The financial implications will only become clear after the arbitration award is issued.

This development presents potential risks related to financial exposure, but the exact impact remains uncertain until the arbitration process concludes. Investors should monitor the situation closely, as it could affect both the company’s cash flow and overall stability.