Tata Capital Limited has informed about an ongoing arbitration case against M/s Kusari Enterprise and an individual party, scheduled for virtual hearing.

The arbitrator appointed is Mr. Abhidipto Tarafder.

Failure by M/s Kusari Enterprise and the individual to attend the session will lead to ex parte proceedings.

This update is relevant for shareholders to track the progress of legal disputes that could impact the company’s financials and business risk profile.