Orient Electric Limited — Others, 05-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
05-08-2025 | 08:59 pm
05-08-2025 | 08:59 pm
Orient Electric has been served with arbitration notices by Comfort Intech and Flora Fountain Properties, alleging breach of a Vendors Agreement. These proceedings will take place at the Delhi International Arbitration Centre. The company anticipates a favorable outcome and does not foresee any material financial impact from this dispute. While the quantum of claims will be determined during the arbitration, Orient Electric is actively taking steps to protect its interests.
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