Final Award by the Arbitral Tribunal in Arbitration Proceedings under the rules of International Chambers of Commerce.
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Awaiting price reaction for this filing.
Williamson Financial Services has received the Final Award in an ICC arbitration related to borrowings taken under a Facility Agreement signed in 2017. The Arbitral Tribunal has ordered the Company, along with other parties, to jointly and severally pay approximately ₹508.96 crores (INR 508,95,91,000) to the Claimants — Real Touch Finance Limited and IDBI Trusteeship Services Limited. Additionally, costs of US$564,600 and around ₹20.23 lakhs are payable. The Final Award is dated 29th September 2025, and the Company received a courtesy copy on 9th October 2025. The Company has stated it is reviewing future course of action to protect its interests.
This is a very negative development — a potential liability of over ₹509 crores is significant for the Company and could materially impact its financial position and stock price. Shareholders should watch for any appeal or challenge to the award and assess the Company's ability to meet this obligation.