Bihar Sponge Iron Limited has made a regulatory disclosure under Regulation 30 of SEBI LODR Regulations. The company received a notice on 29th October 2026 from the Hon'ble High Court of Delhi in the matter of ARB. P. No. 1671/2026, Vanraj Steels Private Limited v. Bihar Sponge Iron Limited.
The notice arises from a petition filed by Vanraj Steels Private Limited under Section 11(6) of the Arbitration and Conciliation Act, 1996, concerning an arbitration agreement between the parties. The court notice calls upon the company to show cause as to why the arbitration agreement should not be filed before the court.
The matter has been listed for hearing on 19th November 2026 before the Hon'ble High Court of Delhi. The disclosure was signed by Vimal Prasad Gupta, Company Secretary & Compliance Officer, on 30th October 2026 at 15:03:11 IST.
Financial Impact
Financial impact not quantified in the disclosure.