BSECompany Update1d ago · 24 Sept 2026, 06:28 pm
Please refer to the enclosed letter.
Cemindia Projects Ltd · 509496
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Cemindia Projects Ltd has withdrawn an Execution Petition filed before the Hon'ble Delhi High Court to enforce an arbitration award against Baya Weaver Ltd and Saya Cementation Ltd, with liberty to file the same afresh. The company has stated that there is no material financial impact on the company.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Cemindia Projects Ltd - 509496 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.
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Dept. of Corporate Services – Corporate National Stock Exchange of India
Relationship, Limited,
BSE Limited, Listing Department,
Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block ‘G’
Mumbai 400 001. Bandra-Kurla Complex,
Scrip Code : 509496 Bandra (East), Mumbai 400 051.
Scrip Code : CEMPRO
Date Our Reference No. Our Contact Direct Line
24th September, 2026 SEC/9/2026 RAHUL NEOGI 22 67680814
cs@cemindia.co.in
Dear Sir / Madam,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
Please refer to our communications dated 25th August, 2023 and 09th December, 2024, informing you
that the Company had received an arbitration award on 25th August, 2023 under the aegis of the Delhi
International Arbitration Centre in respect of contractual disputes totalling Rs 4.71 crores approximately
plus interest thereon (“Award”) and had subsequently filed an Execution Petition on 9th December, 2024
before Hon’ble Delhi High Court to enforce the said Award against Baya Weaver Ltd and Saya
Cementation Ltd.
The Company wishes to further inform you that, the Company has withdrawn the said Execution
Petition, with liberty to file the same afresh. The Company shall file an execution petition in due course.
The order of the Hon’ble Court was communicated to the Company on 23rd September, 2026 at 18:53
hours IST.
The details and the updates as required under the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 as amended read with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, the brief details are enclosed
as Annexure A.
We request you to kindly take the same on record.
Thanking you,
Yours faithfully,
For Cemindia Projects Limited
(Formerly ITD Cementation India Limited)
(RAHUL NEOGI)
COMPANY SECRETARY
Annexure A
Particulars Description
Brief Details
a. Name of the Opposite Party (1) Baya Weaver Ltd.;
(2) Saya Cementation Ltd.
b. Court / Tribunal / Agency Hon’ble Delhi High Court
c. Brief Details of Dispute / Award The Company had received an arbitration award on 25th
August, 2023, under the aegis of the Delhi International
Arbitration Centre in respect of contractual disputes
totalling Rs 4.71 crores approximately plus interest
thereon (“Award”), and had subsequently filed an
Execution Petition on 9th December, 2024 before
Hon’ble Delhi High Court to enforce the said Award
against Baya Weaver Ltd and Saya Cementation Ltd.
The Company has withdrawn the Execution Petition filed
before Hon’ble Delhi High Court with liberty to file the
same afresh.
Company shall file an execution petition in due course.
Expected financial implications, if
any.
There is no material financial impact on the Company.
Quantum of Claims, if any
Not Applicable
Details of change / Update / Withdrawal of the Execution Petition before Hon’ble
Development Delhi High Court with a liberty to file the same afresh.
Whether litigation/proceedings
against KMP / Promoter / Ultimate NA
person in control
Settlement in the said
proceedings, if any