Sacheta Metals Ltd has announced a favorable court ruling in a long-standing consumer dispute against The New India Assurance Co. Ltd regarding an insurance claim repudiation.

The court directed the insurer to pay Sacheta Metals about Rs. 52.85 lakh, including principal and interest, along with Rs. 25,000 as legal costs.

This resolution ends the proceedings amicably and does not have a material impact on the company’s financials or operations.

This outcome strengthens Sacheta Metals’ position in recovering disputed claims without affecting its ongoing business.