Arbitration Tribunal Rejects Claims in Ind-Swift Laboratories Ltd Proceedings
Ind-Swift Laboratories Ltd announced on April 7, 2026, the conclusion of an arbitration matter involving PI Industries Limited. The company stated that the Arbitral Tribunal issued a final order rejecting all claims made by the Claimant, M/s. PI Industries Limited, as well as all counterclaims filed by the Respondents, which included M/s. Ind-Swift Laboratories Limited and others.The arbitration proceedings concluded with the passing of the order by the Arbitral Tribunal on April 7, 2026. The company noted that this outcome results in NIL financial impact on Ind-Swift Laboratories Ltd.The details of the proceedings and the final award are summarized below...