DIC India Limited filed a commercial recovery suit against Star Plastics before District Courts, New Delhi, seeking INR 60,62,333/-.
Star Plastics had agreed to pay INR 56,94,833/- post-settlement but paid only INR 2,50,000/-, breaching its obligations.
This disclosure is filed under SEBI Regulation 30 and follows a prior intimation dated 06.05.2025 regarding ICA arbitration proceedings.