Ind-Swift Laboratories Announces Conclusion of Arbitration Proceedings
Ind-Swift Laboratories Limited provided an update on its arbitration proceedings with M/s. PI Industries Limited. The company reported that the Arbitral Tribunal issued its final order on Tuesday, April 7, 2026.The Arbitral Tribunal's order, dated April 7, 2026, rejected all claims made by the Claimant, M/s. PI Industries Limited, as well as all counterclaims filed by the Respondents, M/s. Ind-Swift Laboratories Limited & Others. Consequently, the arbitration proceedings have concluded with no financial impact on the Company.
The details of the arbitration outcome are summarized below:
| S. No. | Particulars | Details |
|---|---|---|
| 1 | Name of the authority | Arbitral Tribunal |
| 2 | Nature and details of the action(s) taken, initiated or order(s) passed | The Arbitral Tribunal has rejected all claims of the Claimant (M/s. PI Industries Limited) as well as all counterclaims of the Respondents (M/s. Ind- Swift Laboratories Limited & Others). |
| 3 | Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority | 7 th April, 2026 |
| 4 | The details of any change in the status and / or any development in relation to such proceedings. | Final award passed. Arbitration proceedings concluded. |
| 5 | The case of litigation against key management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings | Not applicable; no claims/counterclaims against key management. |
| 6 | In the event of settlement of the proceedings, details of such settlement including - terms of the settlement, compensation/penalty paid (if any) and impact of such settlement on the financial position of the listed entity | The final Arbitral Order has NIL financial impact on the Company. |
The company also stated that its manufacturing facility, Unit I, is located at NH-21, Village Jawaharpur, Tehsil Derabassi, District SAS Nagar (Mohali), Punjab - 140507.
In a separate communication regarding market activity, the company clarified that it has consistently disclosed all material information affecting its operations or performance. The company noted that the recent surge in trading volume and price appears to be market driven, potentially resulting from a combination of various market factors, and is not solely attributable to the disclosure made on April 7, 2026, regarding the arbitration award receipt.
Ind-Swift Laboratories Limited remains committed to adhering to all required compliances under the SEBI Listing Regulations, 2015, and other applicable laws.
INDSWFTLAB Stock Price Movement
Ind-Swift Laboratories Limited shares today shed 4.52% to settle at ₹143.48 following post-market trading activity. The stock fell ₹6.80 in value, yet still trades significantly below its 52-week high, which hit ₹156.8.Source:
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