Chaman Metallics Limited — Others, 17-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Chaman Metallics Limited has disclosed ongoing litigation against Hare Krushna Developers LLP regarding a property valued at ₹9 crore. The company claims to have paid ₹8.87 crore but has yet to receive possession as promised. Despite multiple follow-ups, the builder has failed to fulfill their commitment. The final financial implications will depend on the outcome of the case, which includes claims for the paid amount, interest on delays, and potential additional damages. This situation may deter investor confidence due to the uncertainty surrounding the resolution and its impact on financial resources.