Civil suit filed against Krishanveer Forge over factory land title claim
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.3 pts less than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
A civil suit (No. 189/2026) has been filed against Krishanveer Forge by Usha Dattatraya Khatpe and Others at the Civil Court in Khed, Pune. The plaintiffs claim a one-third ancestral share in the land where the company's factory in Kharabwadi stands, challenging a 1991 sale deed. Claim quantum is Rs 4.60 crore, which the company does not accept. The company says it has strong grounds to defend its title and will contest the matter. Only legal defense costs are expected at this stage.
Only legal defense costs expected now; company says it has strong grounds to defend title. Outcome could affect factory land if lost.