ITD Cementation India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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Price reactionminutes from the announcement price · days from the prior close

+7.6%Reaction day

₹811.65

prior close

₹815.80

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.6%+6.0% vs market

Civil Construction peers, median of 87sector+1.4%+6.2% vs sector

On the reaction day the stock moved 6.0 pts more than Nifty Smallcap 250 and 6.2 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+7.6+1.6+6.0+1.4+6.2

Next day

+9.0+1.9+7.2+1.3+7.8

+9.2+2.7+6.5+1.7+7.5

+15.0+3.6+11.4+1.9+13.1

+11.6+3.4+8.2+1.5+10.1

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15d

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-6.0-0.7-5.3-4.3-1.7

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UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 87Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ITD Cementation India has disclosed an update on an ongoing arbitration with Insta Concretex Private Limited (ICPL). ICPL had originally served an arbitration notice in December 2024, following which the Bombay High Court appointed a sole arbitrator in April 2025. Now, ICPL has formally served its Statement of Claims on the company on June 23, 2025. The dispute relates to claims over supplies made by ICPL for one of ITD Cementation's projects in Kolkata, West Bengal. The total claim amount is Rs. 11.28 crore including interest as of May 31, 2025. The company has stated that the financial impact can only be assessed once the arbitration award is issued.

Likely market impact

This is a pending arbitration matter and not an adverse ruling yet. Shareholders should monitor the outcome, as a possible award against the company could result in a financial outflow of up to Rs. 11.28 crore, though the company has not quantified the impact at this stage.