KRBL Limited — Others, 22-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

KRBL has announced a board meeting concerning an ongoing investigation by the Directorate of Enforcement (ED) related to attached assets in Punjab. The Delhi High Court has directed the Appellate Tribunal to rule on the company's request for the refund of ₹11.13 crores held by the ED. Following a hearing on March 19, the Tribunal has ordered the ED to refund the amount within eight weeks of receiving the order, which was acknowledged by the company recently. This development may positively impact KRBL’s liquidity and investor sentiment, reducing uncertainties linked to the ongoing investigation.