Announced Sat, 27 Jun · 15:54 IST
Shalby settles two arbitration cases, nil financial impact
SHALBY · 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
+2.0%1-day move
₹171.55
prior close
₹171.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——-0.6—+2.0+1.9+1.1+0.4-1.0-1.8-3.3———
Up moveDown movePending
AI summary
Shalby Limited informed exchanges that two arbitration proceedings, against Dr. Viral Shah and Dr. Praveen Saxena, have been disposed of via mutual settlement filed by both parties before Sole Arbitrator Justice M.S. Parikh (Retd) on June 26, 2026. Shalby had initiated both cases. The company reports nil financial, operational or other impact. Both matters are now fully closed.
Likely market impact
Positive: long-pending arbitration cases closed with no financial hit, removing an overhang for shareholders.