Bombay Wire Ropes received communication regarding two court orders directing compensation payments to workmen.

One order mandates compensation of Rs. 0.01 Cr per year per workman for an alleged illegal lockout period.

The second order directs similar compensation for an unjustified factory closure until retirement.

Crucially, the company states that all financial liabilities from these orders rest entirely with a developer, as per High Court-recorded Consent Terms.

Consequently, there is no expected impact on the company's operations or financial position, with this disclosure made out of abundant precaution.