Kothari Sugars And Chemicals Limited — Others, 20-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Kothari Sugars and Chemicals Limited has announced a favorable ruling from the Appellate Tribunal for Electricity on its appeal challenging the parallel operation charges levied on its co-generation plants by TANGEDCO. The company had recognized a provision of Rs. 12.90 Cr for this liability as of March 31, 2025. With the order in its favor, there will be no negative impact on the company’s financials or operations. However, TANGEDCO may still file an appeal, and any updates will be communicated accordingly.