HCL Infosystems Limited — Others, 27-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

HCL Infosystems Ltd. has disclosed updates regarding ongoing litigation with ITI Limited, where the company was awarded approximately INR 150 crore, including interest, in an arbitration for dues related to telecom network commissioning for BSNL and MTNL. However, ITI has filed objections and obtained a stay on the award, contingent upon depositing 75% of the amount within 60 days from a recent court order. This ongoing legal situation introduces a potential risk to HCL’s financial position and may affect investor sentiment, depending on the outcome of ITI's action and compliance with the court's order.