Announced Wed, 26 Aug · 23:29 IST
Khadim wins arbitration; receives Rs 31.97 cr from SSAA Punjab
KHADIM · 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
+7.4%1-day move
₹108.89
prior close
₹110.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.4-0.4-1.0+7.4+6.7+8.8+6.6+4.9+6.5+15.6———
Up moveDown movePending
AI summary
Khadim won its long-pending arbitration against Samagra Shiksha Abhiyan Authority Punjab over a school shoes and uniform tender dispute. The Punjab and Haryana High Court on May 5, 2026 confirmed the original Arbitral Award of June 27, 2022 in Khadim's favour, overturning a District Court order that had gone against the company. Khadim has now received about Rs 31.97 crore along with applicable interest and related dues from the authority.
Likely market impact
Positive for shareholders — about Rs 31.97 crore plus interest recovered, improving cash flow and closing a multi-year legal dispute in Khadim's favour.