TVS Supply Chain Withdraws NCLAT Appeal After ZTE Telecom Settles ₹1.62 Crore Dues
TVS Supply Chain Solutions Limited has withdrawn its NCLAT appeal against ZTE Telecom India Pvt. Ltd. after ZTE Telecom settled operational dues amounting to ₹1.62 Crore. The settlement's financial impact on TVS SCS is deemed not material.
The company explicitly states that the impact of the settlement is not material to its financial position.
The litigation has been settled, which is a positive development, but the financial impact is stated as not material, leading to a neutral sentiment.
TVS Supply Chain Solutions Limited (TVS SCS) has withdrawn its appeal before the Hon’ble National Company Law Appellate Tribunal (NCLAT) in New Delhi. This action follows a settlement reached with ZTE Telecom India Pvt. Ltd. concerning operational dues owed to TVS SCS for services rendered.
As part of the settlement, ZTE Telecom has paid ₹1.62 Crore to TVS SCS, leading to the withdrawal of the appeal by the company. The financial impact of this settlement is considered not material to the overall financial position of TVS Supply Chain Solutions Limited.
This update is provided in compliance with Regulation 30 of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, and in furtherance to the company's previous disclosure made on November 23, 2025.
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TVS Supply Chain Solutions 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 low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by TVS Supply Chain Solutions Limited. Read the original for the full detail.