KRBL Ltd: Delhi HC issues notice in execution proceedings

KRBL Ltd has informed the stock exchanges about an order from the Hon'ble High Court of Delhi dated November 5, 2026. The court issued notice in execution proceedings initiated by Reliable Trading Company (formerly Al Quraishi Marketing Co. Limited) to enforce an arbitral award. The company has been directed to file a reply and an affidavit of assets, including bank account details and statements from 2025 onwards. The next hearing is scheduled for February 12, 2027. KRBL has filed proceedings seeking a stay on these execution proceedings, which are pending adjudication. The potential financial implication remains the amount of the arbitral award plus applicable interest, as previously disclosed.