Shah Alloys approves Rs 18 crore OTS with HDFC Bank
SHAHALLOYS · 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 0.1 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shah Alloys board on Jan 27, 2026 approved a One Time Settlement with HDFC Bank. The agreed amount of Rs 18 crore will be paid by Feb 25, 2026 as full and final settlement of total dues. The dispute dates back to BIFR proceedings, was pending with Debt Recovery Tribunal since 2019 and was also referred to NCLT before both sides agreed to settle.
Long-pending DRT and NCLT case with HDFC Bank now moves toward closure; shareholders should track timely payment of Rs 18 crore by Feb 25 deadline.