ALPHA TRIBE

Teerth Gopicon LimitedOthers, 23-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

23-07-2025 | 12:53 pm

The company has provided an update on an ongoing litigation. The Hon'ble High Court of Madhya Pradesh has disposed of the writ petitions related to the dispute. This ruling allows the petitioners to pursue arbitration as provided in their contract. The Court also directed the Central Bureau of Investigation (CBI) to expedite its investigation into the matter to a logical conclusion. This development is significant as it sets a clear path forward for the dispute, potentially moving it to arbitration while also involving an intensified CBI probe. Shareholders should note this as it impacts the company's legal standing and risk profile.

No comments yet. Be the first to comment!

All announcements from Teerth Gopicon Limited