This is a regulatory disclosure made by KRBL Limited to the National Stock Exchange of India Limited and BSE Limited, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The disclosure provides an update on ongoing legal proceedings. The Hon'ble High Court of Delhi, by order dated November 5, 2026, issued notice in execution proceedings initiated by Reliable Trading Company (formerly Al Quraishi Marketing Co. Limited). These proceedings aim to enforce an arbitral award dated February 26, 2026.
The Court has directed KRBL Limited to file its reply and an affidavit of assets. This affidavit must include bank account details and statements from the year 2025 onward. The matter is next listed for hearing on February 12, 2027.
In response, KRBL Limited has filed relevant proceedings before the Hon'ble High Court of Delhi seeking a stay on these execution proceedings. These stay proceedings are pending adjudication.
The potential financial implication for the company remains the amount of the arbitral award, together with applicable interest, as previously disclosed by the Company on February 27, 2026. The disclosure states that the quantum of claims remains as previously stated.
The company has committed to keeping the stock exchanges informed of any material developments in the matter. This information is also available on the company's website at www.krblrice.com under the 'Investor Relations' section.
The disclosure was signed by Shubham Kandhway, Company Secretary & Compliance Officer (Membership No. F10757), on behalf of KRBL Limited.