Inspirisys Solutions settles KMSCL litigation, case disposed by Kerala HC

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AI summary

Inspirisys Solutions has resolved its long-pending dispute with Kerala Medical Services Corporation (KMSCL) through mediation. The Kerala High Court disposed of the matter on April 10, 2026, based on the settlement. A demand of Rs. 75.89 lakhs against the company stands resolved. The company paid Rs. 7.68 lakhs towards a bank guarantee, and all claims and counterclaims have been mutually waived and fully settled.

Likely market impact

Positive: removes overhang of pending litigation worth Rs. 75.89 lakhs; case fully disposed with no further financial liability.