RSWM Limited Receives High Court Order on Electricity Duty Dispute
RSWM Limited received a High Court order on April 13, 2026, regarding a ₹11.07 crore electricity duty dispute on solar power captive consumption. The company is reviewing the order with legal counsel to explore further appeal options.
The dispute involves a significant amount of ₹11.07 crores plus LPS, which could have a material impact on the company's financials if not resolved favorably. The company's ongoing review and exploration of legal options indicate potential financial implications.
The company has received a court order regarding a financial dispute. While the outcome is being reviewed for potential further appeals, the immediate financial impact is not definitively positive or negative, thus warranting a neutral sentiment.
RSWM Limited announced on April 13, 2026, that it has received an order from the Hon’ble High Court of Judicature for Rajasthan at Jodhpur. This order pertains to the company's appeal concerning the levy of electricity duty on solar power captive consumption, amounting to ₹11.07 crores plus Late Payment Surcharge (LPS).
The company is currently examining the order with its legal counsels to determine further appeal options before the appropriate authorities. The disclosure regarding this matter has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's website, www.rswm.in.
The company had previously accounted for this amount as a contingent liability in its books. A detailed legal evaluation of the order is underway, and the company is exploring all available legal avenues. The specific details of the action taken by the authority and the nature of the order have been disclosed as per SEBI regulations.
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RSWM Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by RSWM Limited. Read the original for the full detail.