Announced Tue, 15 Sept, 2026 · 17:09 IST
Blue Star update on WJT Oman arbitration annulment proceedings
BLUESTARCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.8%1-day move
₹1483.00
prior close
₹1483.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.0-0.3-0.4+4.8+4.4+5.4+4.1+3.2+5.5+2.4———
Up moveDown movePending
AI summary
Blue Star informs that W.J. Towell and Co (WJT), its Oman-based joint venture partner, has approached the Dubai Court of Appeal seeking annulment of the arbitration Award won by Blue Star in July 2026. The earlier Award dismissed WJT's full claim of about Rs 461.74 crores. Blue Star says annulment is not an appeal on merits and the grounds raised by WJT are baseless. Company will make submissions in court.
Likely market impact
Limited near-term impact as company already holds the favorable Award. Watch for further updates on annulment and pending interest and costs Award.