BSECompany Update21h ago · 15 Oct 2026, 05:53 pm

Update on litigation matter involving Wholly Owned Subsidiary of Company

Samtex Fashions Ltd-$ · 521206

✦ AI Summary▼ NegativeLitigation

Samtex Fashions Ltd. has informed about an update on a material litigation involving its wholly owned subsidiary SSA International Ltd. The Debt Recovery Tribunal-III, Delhi has allowed the application of NARCL in favor of the applicant and dismissed the counter claim of the company with no order to cost. The aggregate amount involved in the litigation is approximately Rs. 435.02 Crore, including cost and interest.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern5/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact2/10
Market Sentiment4/10

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Samtex Fashions Ltd-$ - 521206 - Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Update On Material Litigation Involving Wholly Owned Subsidiary Of Company

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mess FASHIONS LIMITED A Govt. Recognised Export House Wen's fashion technot October 15,2026 BSE Limited Phiroze, Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Serip Code: 521206 Subject: Intimation under Regulation 30 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - Update on material litigation involving SSA International Ltd., Wholly Owned Subsidiary of the Company (Order of Debt Recovery Tribunal-III, Delhi). Dear Sir, Pursuant to Regulation 30 and Para B of Part A of Schedule III of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/ 1/3762/2026 dated 30" January, 2026 we hereby inform you of the following development in relation to the ongoing litigations, in the prescribed format: The details of any change in Order of Debt Recovery Tribunal-Ill, Delhi (“DRT-III”) In the the status and/ or any matter of NARCL Vs. SSA International Ltd. & Others : development in relation to such proceedings Samtex Fashions Limited (“the Company”) was the Corporate Guarantor in the loan applications of SSA International Ltd., the wholly owned subsidiary (“the subsidiary”) of the Company. Over the period of time, the consortium bankers (later represented by NARCL) filed application bearing TA No. 446/2022, against the subsidiary including the Company (being the Corporate Guarantor), and in response thereof the subsidiary filed a counter claim bearing No. NDN/31/2023(TCC). Both the matters were pending before DRT-IIL. By the Order dated 03" October, 2026 (received by the Company on 15" October, 2026), the application (TA No. 446/2022) was allowed in favour of applicant (NARCL) and the counter claim (CC No. NDN/31/2023) of the Company was dismissed with no order to cost. Regd. Office & Works: Plot No. 163, Udhyog Vihar Extension, Greater Noida, Gautam Buddha Nagar, U.P. -201310 Delhi Office: Unit No. 137, DLF Prime Tower, F Block Okhla Phase-l, New Delhi-110020, Telephone No. 011-49025972 CIN: L17112UP1993PLC022479, E-Mail id: samtex.compliance@gmail.com, Website: www.samtexfashions.com ‘Quantum of claim(s), if any: The aggregate amount involved under the above litigations shall be as mentioned in the order of DRT-III i.e., approx. Rs. 435.02 Crore, in addition to cost and pendentelite & future interest @10% p.a. till the payment in full. In the case of litigation Not Applicable against key management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings; In the event of settlement of Not Applicable the proceedings, details of such settlement including - terms of the settlement, compensation/ penalty paid (if any) and impact of such settlement on the financial Position of the listed entity. This is for your information and record. This intimation is also being uploaded on the Company’s website at www.samtexfashions.com. You are requested to kindly take the same on record. Thanking you, For SAMTEX FASHIONS LIMITED Rinki Rani Company Secretary & Compliance Officer (M. No. A51516)