Anik Industries Limited has intimated the National Stock Exchange of India Ltd. and BSE Limited of receiving two separate Arbitration Awards. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, and SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026.

The arbitration matters involve the company's material subsidiary, M/s. Revera Milk and Foods Private Limited.

Details of Arbitration Awards

Annexure-A: Matter between Revera Milk and Foods Pvt. Ltd. and Patan Agro Products Pvt. Ltd.

  • Authority: Arbitral Tribunal of Sole Arbitrator Mr. Bhagwan Raj Pandey.
  • Nature of Action: A consent award was passed by the arbitral tribunal on 17th June, 2026. This award was based on an amicable settlement entered into between the parties to the dispute.
  • Date of Receipt: The final consent award was received on 17th June, 2026.
  • Financial Impact: Under the consent award, due to the non-fulfilment of an obligation under an agreement dated 2nd March, 2018, Anik Industries Limited (in the capacity of claimant) has waived interest on the amount advanced to the respondent. This waiver is in exchange for the respondent's waiver of the entire amount of damages/losses raised under their counter claim. The counter claim was attributed to a delay in taking a decision by the claimant.

Annexure-B: Matter between Revera Milk and Foods Pvt. Ltd. and Nebula Multitrade Pvt. Ltd.

  • Authority: Arbitral Tribunal of Sole Arbitrator Mr. Bhagwan Raj Pandey.
  • Nature of Action: A consent award was passed by the arbitral tribunal on 17th June, 2026. This award was based on an amicable settlement entered into between the parties to the dispute.
  • Date of Receipt: The final consent award was received on 17th June, 2026.
  • Financial Impact: Under the consent award, due to the non-fulfilment of an obligation under an agreement dated 2nd March, 2018, Anik Industries Limited (in the capacity of claimant) has waived interest on the amount advanced to the respondent. This waiver is in exchange for the respondent's waiver of the entire amount of damages/losses raised under their counter claim. The counter claim was attributed to a delay in taking a decision by the claimant.

Additional Information

  • The disclosure was signed by Ankur Bindal, Company Secretary and Compliance Officer.
  • For both cases, it was stated that there is no change in the status of the proceedings and the cases are not against key management personnel, promoters, or persons in control.
  • The specific monetary values of the advanced amount, the interest waived, or the counter-claim damages were not quantified in the disclosure.