Gaudium IVF Submits Additional Arbitration Disclosures Following BSE Query
Gaudium IVF & Women Health Limited provided comprehensive disclosures following BSE's query on arbitration proceedings involving ₹29.21 crore claim by Neomile Corporate Advisory. Bombay High Court appointed Justice Nitin Jamdar as sole arbitrator on April 02, 2026, with company explaining disclosure delay due to weekend court order upload.

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Gaudium IVF & Women Health Limited has provided additional disclosures to stock exchanges regarding the arbitration proceedings filed against the company by Neomile Corporate Advisory Limited, following a query from BSE Limited seeking clarification on the ₹29,20,50,000 claim for alleged advisory services related to its Initial Public Offering.
BSE Query and Company Response
Following the company's initial disclosure on April 06, 2026, BSE Limited raised a query on April 07, 2026, seeking additional details in terms of SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company has now submitted the required comprehensive disclosures under Regulation 30 of SEBI Listing Regulations.
| Parameter: | Details |
|---|---|
| BSE Query Date: | April 07, 2026 |
| Company Response Date: | April 07, 2026 |
| SEBI Circular Reference: | HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 |
| Regulatory Provision: | Regulation 30 with Schedule III |
Court Proceedings Update
The Bombay High Court has disposed of the Commercial Arbitration Petition under Section 9 of the Arbitration and Conciliation Act, 1996, and appointed Hon'ble Mr. Justice Nitin Jamdar (Former Chief Justice, Kerala High Court) as the Sole Arbitrator to adjudicate upon the dispute. The court order was issued on April 02, 2026.
| Development: | Details |
|---|---|
| Court Order Date: | April 02, 2026 |
| Sole Arbitrator: | Hon'ble Mr. Justice Nitin Jamdar |
| Previous Position: | Former Chief Justice, Kerala High Court |
| Status: | Section 9 Petition disposed of |
| Financial Implication: | None at this stage |
Disclosure Timeline Explanation
The company has provided a detailed explanation for the timing of its disclosure. The court order was uploaded on the court's official website on Saturday, April 04, 2026, in the late evening. The company became aware of the order on April 06, 2026, being the next working day, and made the intimation within 24 hours of receiving the order.
Key Parties Involved
Along with the company, Dr. Manika Khanna, Chairperson and Managing Director and Promoter of Gaudium IVF, is also a party to the arbitration proceedings. The opposing party, Neomile Corporate Advisory Limited, is seeking ₹29,20,50,000 (inclusive of GST) for alleged IPO advisory services.
| Parameter: | Details |
|---|---|
| Opposing Party: | Neomile Corporate Advisory Limited |
| Company Representative: | Dr. Manika Khanna (CMD & Promoter) |
| Claim Amount: | ₹29,20,50,000 (inclusive of GST) |
| Nature of Claim: | Alleged IPO advisory services |
Regulatory Compliance
The enhanced disclosure was signed by Company Secretary Naveen Kumar (Membership No: A69788) and submitted to both BSE Limited (Scrip Code – 544709) and National Stock Exchange of India Limited (Symbol – GAUDIUMIVF). The information has also been placed on the company's official website as required by regulatory guidelines.
Historical Stock Returns for Gaudium IVF & Women Health
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.68% | +24.34% | +29.27% | +18.53% | +18.53% | +18.53% |
How might the ₹29.2 crore arbitration claim impact Gaudium IVF's financial position and cash flow if the ruling goes against the company?
What potential effect could this arbitration dispute have on investor confidence and the company's stock price performance in the coming quarters?
Will this legal dispute prompt other IPO advisory firms to review their service agreements and payment terms with listed companies?





























