Ace Integrated Solutions Limited — Others, 29-07-2025: Action(s) initiated or orders passed

Ace Integrated Solutions Ltd. has received an arbitration award from the Delhi International Arbitration Centre concerning its claim petition against Food Corporation of India. The company's claim for approximately 0.5 Cr rupees, which pertained to the 2017-18 period, was rejected, with the arbitrator ruling that Ace Integrated is not entitled to the payments it sought. The company has stated that this ruling currently has no financial implication on its operations. Ace Integrated Solutions plans to file an appeal with the appellate authority within the permissible timeline to challenge this decision.