NSEGeneral Updates3d ago · 6 Nov 2026, 05:09 pm
General Updates
KRBL Limited · KRBL
✦ AI SummaryLitigation
KRBL Limited has disclosed an update on legal proceedings concerning Reliable Trading Company, stating that the Hon'ble High Court of Delhi has issued a notice in the execution proceedings initiated by Reliable Trading Company to enforce the arbitral award. KRBL has filed its reply and an affidavit of assets, and the matter is next listed on February 12, 2027.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern6/10
Regulatory Risk8/10
Balance Sheet Risk5/10
Liquidity Impact7/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Attachments (1)
📄pdf
Download →
BIBHU_06112026170938_STX_REG30_AQM_Update_05-11-2026.pdf
View document text
Ref: KRBL/SE/2026-27/60 November 6, 2026
The General Manager National Stock Exchange of India
Department of Corporate Services Limited
BSE Limited “Exchange Plaza”, C-1, Block-G
Floor 25, Phiroze Jeejeebhoy Towers Bandra-Kurla Complex
Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai-400051
Scrip Code: 530813 Symbol: KRBL
ISIN: INE001B01026
Sub: Update on legal proceedings concerning Reliable Trading Company
Dear Sir/Madam,
In continuation of the Company’s disclosure dated February 27, 2026, we wish to inform you
that the Hon’ble High Court of Delhi, by order dated November 5, 2026, issued notice in the
execution proceedings initiated by Reliable Trading Company (formerly Al Quraishi Marketing
Co. Limited) to enforce the arbitral award.
The Court has directed the Company to file its reply and an affidavit of assets including bank
account details and statements from 2025 onward. The matter is next listed on February 12,
2027. The Company has filed the relevant proceedings before the Hon’ble High Court of Delhi,
seeking a stay on the execution proceedings, which are pending adjudication.
The Company will keep the stock exchanges informed of material developments.
The information as required under SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with Master Circular No. HO/49/14/14(7)2025-CFD
POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure A.
The above information will also be available on the Company's website at www.krblrice.com
under the head ‘Investor Relations’.
You are requested to kindly take the same on record.
Thanking you,
Yours Faithfully,
For KRBL Limited
Shubham Kandhway
Company Secretary & Compliance Officer
M. No. – F10757
Annexure-A
Information as required under SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
S. Particulars Details
1. Brief details of litigation viz. name(s) Reliable Trading Company (formerly
of the opposing party, court/ Al Quraishi Marketing Co. Limited)
tribunal/agency where litigation is has initiated execution proceedings
filed, brief details of dispute/litigation; before the Hon’ble High Court of
Delhi to enforce the arbitral award
dated February 26, 2026. The Court
has issued notice and directed
KRBL to file its reply and an affidavit
of assets.
KRBL has filed the relevant
proceedings before the Hon’ble High
Court of Delhi, seeking a stay on the
execution proceedings, which are
pending adjudication
The matter is next listed on
February 12, 2027.
2. Expected financial implications, if any, The potential financial implication
due to compensation, penalty etc. remains the amount of the arbitral
award, together with applicable
interest, as previously disclosed by
the Company on February 27, 2026.
3. Quantum of claims, if any; Stated as above
4. Details of any change in the status The Company has filed the relevant
and / or any development in relation proceedings before the Hon’ble High
to such proceedings. Court of Delhi, seeking a stay on the
execution proceedings, which are
pending adjudication.
5. In the case of litigation against key NA
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;
6. In the event of settlement of the NA
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