BSECompany Update28 Aug 2026 · 28 Aug 2026, 05:45 pm

Please Find Enclosed herewith announcement under Regulation 30.

Walchandnagar Industries Ltd · 507410

✦ AI SummaryLitigation

Walchandnagar Industries Ltd has disclosed that a dispute with Aicitta Intelligent Technology Private Limited and its promoters has been fully and finally settled. The company has received the Final Award/ Order passed by the Sole Arbitrator, and the settlement amount of ₹2,12,41,096 has been paid by the respondents.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Walchandnagar Industries Ltd - 507410 - Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations').

Attachments (1)

📄

2d3a203b-4794-4112-874c-b4e55a28968f.pdf

pdf

Download →
View document text
WALCHANDNAGAR INDUSTRIES LIMITED Walchandnagar: 413 114, Dist. Pune, Maharashtra, India Tel: 02118-252 235/252 236/252 237/252 238 Fax: 02118-252 584 Website: www.walchand.com Email: wil@walchand.com Ref. No. : WIL: SEC: 2026 Date : August 28, 2026 National Stock Exchange of India Ltd. BSE Ltd., Exchange Plaza, 5th floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai 400 001 Mumbai - 400 051. Scrip Code: [501430] Scrip Code: WALCHANNAG Subject: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’). Dear Sir/Madam, We refer to our letter dated March 05, 2026 (“Previous Disclosure”), wherein the Company had in accordance with Regulation 30 read with Para B of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015, (“Listing Regulations”), read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (hereinafter referred to as ‘SEBI Circular’), informed the Stock Exchanges that the Company along with Aicitta Intelligent Technology Private Limited (“Aicitta”) and its promoters, Arjun Das and Vikram Sarin (“Respondents”) had amicably agreed to resolve their disputes and had signed Consent Terms dated 4th March, 2026. In this regard, we hereby inform that the matter has been fully and finally settled between the parties pursuant to the Consent Terms dated March 04, 2026. Further, the Company has received the Final Award/ Order passed by the Sole Arbitrator, in accordance with the aforesaid Consent Terms. Requisite details pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular are enclosed herewith as Annexure - I. The aforesaid information will also be available on the website of the Company at www.walchand.com. We request you to take the same on record. For Walchandnagar Industries Ltd. G. S. Agrawal Whole Time Director & Company Secretary DIN: 00404340 REGD OFFICE: Siddharth Towers (Tower No.1), S.No.12/3-B, Office 908 to 910, Kothrud, Pune- 411 038, Maharashtra, India. Tel: 020-2543 8585 Fax: 020-2543 8585 CIN: L74999PN1908PLC255621 WALCHANDNAGAR INDUSTRIES LIMITED Walchandnagar: 413 114, Dist. Pune, Maharashtra, India Tel: 02118-252 235/252 236/252 237/252 238 Fax: 02118-252 584 Website: www.walchand.com Email: wil@walchand.com ANNEXURE - I Sr. Particulars Details 1. Name(s) of the opposing party Aicitta Intelligent Technology Private Limited and its promoters, Arjun Das and Vikram Sarin. 2. Court/ Tribunal/ Agency where Arbitral Tribunal litigation is filed, 3. Brief details of dispute/litigation The parties entered into Consent Terms dated March 04, 2026, pursuant to which the Respondents agreed to pay a gross settlement amount of ₹2,12,41,096/- to the Claimant. The entire settlement amount has been paid by the Respondents, and accordingly, the Sole Arbitrator, vide Award dated August 27, 2026, disposed of the arbitration proceedings in terms of the Consent Terms. Date of the award August 27, 2026 4. Details and terms of settlement, No financial impact on the Company compensation/penalty paid 5. Quantum of claims, if any Company Recovered a sum of Rs. 2,12,41,096/- from Aicitta in instalments, last instalment on August 08, 2026 as per settlement agreement dated March 04, 2026. 6. In the case of litigation against key Not Applicable 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 For Walchandnagar Industries Ltd. G. S. Agrawal Whole Time Director & Company Secretary DIN: 00404340 REGD OFFICE: Siddharth Towers (Tower No.1), S.No.12/3-B, Office 908 to 910, Kothrud, Pune- 411 038, Maharashtra, India. Tel: 020-2543 8585 Fax: 020-2543 8585 CIN: L74999PN1908PLC255621