TVS SCS initiates arbitration against Tera Software to recover 3.69 crore

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TVSSCS · price

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Price reactionminutes from the announcement price · days from the prior close

+2.5%Reaction day

₹134.48

prior close

₹136.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.2%+2.3% vs market

Logistics Solution Provider peers, median of 42sector+0.9%+1.6% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 1.6 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.0

10m

-1.4

15m

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30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.5+0.2+2.3+0.9+1.6

Next day

+2.1+1.0+1.1+0.9+1.2

+1.5+0.7+0.8+1.3+0.2

+2.6+0.9+1.7+1.3+1.3

+3.4+0.2+3.2+0.5+2.8

+0.4-1.8+2.2-2.2+2.6

+5.1+1.4+3.7-0.5+5.6

15d

-0.3-0.6+0.3-3.7+3.4

+1.2+1.5-0.3-0.3+1.5

-7.2+4.5-11.7-2.5-4.7

-4.8+3.1-7.9-7.1+2.3

UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 42Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

TVS Supply Chain Solutions has invoked arbitration against Tera Software Limited to recover outstanding dues of about 3.69 crore. The dispute relates to a Service Agreement dated June 19, 2019, where Tera Soft allegedly failed to pay despite TVS SCS completing its contractual obligations. TVS SCS will approach the Telangana High Court under Section 11 of the Arbitration and Conciliation Act to appoint a Sole Arbitrator.

Likely market impact

Small one-time recovery attempt of 3.69 crore; limited material impact on overall business or financials.