Shalby Ltd Arbitration Proceedings Disposed

Shalby Ltd has announced the disposal of arbitration proceedings against Dr. Viral Shah and Dr. Praveen Saxena. The orders were issued by the Sole Arbitrator, Hon'ble Justice M. S. Parikh (Retd.), on June 26, 2026, following joint withdrawal/settlement filings by both parties. The company states there is no quantifiable impact on its financial or operational activities, as the matters are fully settled. This development resolves ongoing legal disputes, bringing closure to these arbitration cases.