ALPHA TRIBE

Elecon Engineering Company LimitedOthers, 10-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

10-07-2025 | 07:12 pm

Elecon Engineering Company Limited has announced a settlement of its litigation with Bharat Heavy Electricals Limited (BHEL). Two disputes involving claims of Rs. 910 lakh and Rs. 2,250 lakh were amicably resolved, with Elecon receiving Rs. 1,020 lakh and Rs. 1,520 lakh respectively. Both cases have been disposed of, and the company expects no adverse financial impact from these settlements. This resolution removes uncertainty related to these disputes, providing clarity and stability for stakeholders.

No comments yet. Be the first to comment!

All announcements from Elecon Engineering Company Limited