Allied Blenders and Distillers Limited has received communication regarding a legal dispute with an applicant, Mr. Alok Gupta. Following an order from the Hon’ble Bombay High Court dated October 30, 2026, Justice S. C. Gupte (Retired) has been appointed as the Sole Arbitrator. The arbitrator will adjudicate disputes and differences arising from an Employment Agreement. The communication was received on November 2, 2026.
Arbitration Proceedings Initiated for Dispute
Allied Blenders and Distillers Limited (ABDL) announced today its engagement in arbitration proceedings following an order from the Hon’ble Bombay High Court. The company received formal notification on November 2, 2026, detailing the appointment of Justice S. C. Gupte (Retired) as the Sole Arbitrator. This appointment stems from an order dated October 30, 2026, concerning disputes and differences with an applicant, Mr. Alok Gupta.
Scope of Arbitration
The arbitration will focus on adjudicating issues related to an Employment Agreement between the applicant and ABDL, as well as any resultant claims. The company has provided further details as required by SEBI Listing Regulations, which are attached as an annexure to the disclosure. ABDL has stated that there are no financial implications at present, and the matter is not expected to have any material impact on the company’s financial position. However, the quantum of claims is currently unascertainable.
The intimation has been uploaded to the company’s website and can be accessed at https://www.abdindia.com/.
Source: BSE
