Interarch Building Solutions Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
INTERARCH · price
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Interarch Building Solutions has received a notice from the Micro and Small Enterprises Facilitation Council (MSEFC), Bengaluru, under Section 18 of the MSMED Act, 2006. A vendor, M/s AGRIMA Roof & Facade Systems, has filed a reference alleging delayed payments and contractual disputes related to project execution. The petitioner has claimed approximately ₹9.55 crore (including principal and interest) and is seeking interim relief of ₹5 crore. The company says it believes the claims are not tenable and intends to contest. The matter is listed for conciliation on 2 April 2026 through the MSME ODR portal, and may later proceed to arbitration.
No immediate financial impact as the company has not recorded any liability and is still evaluating the matter. However, if the dispute is decided against Interarch, it could result in a payout of up to around ₹9.55 crore plus interest, which may modestly affect near-term earnings and sentiment.