Oswal Greentech Limited has informed the Exchange about Action(s) taken or orders passed
OSWALGREEN · price
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Oswal Greentech Limited has won an arbitration award against Arr Ess Industries Private Limited, pronounced by Sole Arbitrator Justice Deepak Verma (former Supreme Court judge) on June 4, 2025. The tribunal has directed Arr Ess Industries to pay Rs. 97.17 crores to Oswal Greentech. However, the company had claimed Rs. 472.17 crores, meaning it has recovered only about 21% of its total claim, with a shortfall of around Rs. 375 crores. The award represents a partial recovery rather than a full victory. The company is currently reviewing the award with its legal advisors to decide whether to pursue further legal remedies.
Positive but limited for shareholders — a confirmed inflow of up to ~Rs. 97 crores strengthens the company's recovery position, but the sharp gap between claim and award tempers the upside. Actual cash receipt depends on Arr Ess Industries' ability and willingness to pay, and any appeal could delay or reduce realisation.