Court Rules in Favour of Regency Ceramics Ltd with a Modified Arbitral Award of INR 133,30,60,000

Regency Ceramics Ltd has announced that the Hon’ble Principal District Court, Puducherry has passed judgement in their favour in the matter of National Insurance Company Ltd. vs Regency Ceramics Ltd. The court has modified the arbitral award to INR 133,30,60,000 (Rupees One Hundred Thirty- Three Crores Thirty Lakhs Sixty Thousand Only) and confirmed the remaining portion of the award along with proportionate costs. This judgement will have a positive impact on the company's financial and operational activities.