Tata Power Appeals Singapore Court Ruling on Arbitration

Tata Power has filed a notice of appeal with the Singapore Court of Appeal against a judgment dated August 26, 2026, from the Singapore International Commercial Court. This appeal follows previous announcements regarding an arbitration with Kleros Capital Partners Limited. The company is required to submit detailed submissions by November 23, 2026, with the appeal hearing scheduled for January 19, 2027. Meanwhile, Kleros obtained an order on October 26, 2026, directing Tata Power officers to disclose company assets. Subsequently, two Singaporean subsidiaries, Tata Power International Pte. Limited and Bhira Investments Pte. Limited, had their shares attached by a court-appointed Sheriff, despite these shares being pledged to lenders. Tata Power is seeking legal advice on further actions.