Apollo Finvest Faces ₹6 Cr Arbitration Claim

Apollo Finvest India Ltd has disclosed that M/s. Psi Phi Global Solutions Private Limited has initiated arbitration proceedings, asserting claims totaling INR 6,02,81,512. The claims arise from a Master Service Agreement dated December 1, 2022. Apollo Finvest believes the claims are without merit and intends to vigorously defend its position. The company's management, based on current assessment and legal advice, does not expect any material adverse financial impact.