Allied Blenders and Distillers Limited — Others, 09-11-2024: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
09-11-2024 | 02:37 pm
09-11-2024 | 02:37 pm
Allied Blenders and Distillers Limited has filed a petition for arbitration against the Canteen Stores Department regarding a disputed claim of Rs. 42.10 crore. The company rejects the customer's claim, which relates to historical trade terms, and is confident about its case. Management believes the receivable is recoverable, suggesting low risk of liability. Further updates will be available on the company’s website.
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