KEC International Limited — Others, 04-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
04-06-2025 | 08:04 pm
04-06-2025 | 08:04 pm
KEC International Ltd. is engaged in a legal dispute with Delhi Transco Limited over an arbitration award. The original award of Rs.14.48 Cr in KEC’s favor was upheld by the Delhi High Court but later reduced to Rs.9.64 Cr by the appellate division. KEC intends to challenge this reduction in the Supreme Court. The outcome will determine the final recoverable amount, influencing the company’s financial standing and cash flow expectations. This ongoing litigation introduces uncertainty around potential receivables for shareholders.
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