Titan Biotech Limited is entering arbitration with NGenious Solutions Private Limited over a dispute concerning an ERP software upgrade.

NGenious claims outstanding dues for services that Titan Biotech asserts were deficient, containing errors and bugs.

As a result, the company terminated the agreement and withheld payments.

NGenious is seeking Rs. 10,62,410, covering the balance outstanding, accrued interest, and compensation.

This litigation represents a potential financial obligation for the company, and its outcome will be important for stakeholders.