Legal9 Jun 2026, 04:15 pm
Bharti Hexacom Wins ₹473.7 Cr OTSC Litigation
AI Summary
Bharti Hexacom Limited, through its promoter Bharti Airtel Limited, has won a significant litigation against the Department of Telecommunications. The Hon'ble Bombay High Court has set aside the demand notice for One-Time Spectrum Charge (OTSC) amounting to ₹473.7 crore, pertaining to the Rajasthan and North East Circles. This favorable judgment resolves a material litigation for the company, positively impacting its financial standing.
Key Highlights
- Bombay High Court set aside OTSC demand of ₹473.7 Cr.
- Litigation was filed by Bharti Airtel on behalf of the company.
- Demand pertained to Rajasthan and North East telecom circles.
- Judgment received on June 8, 2026, resolving material litigation.
Price Impact
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