Interarch Building Solutions Receives ₹9.55 Crore Delayed Payment Claim Under MSMED Act
Interarch Building Solutions Limited received a notice under MSMED Act 2006 for alleged delayed payment claims of ₹9.55 crore from AGRIMA Roof & Facade Systems. The petitioner also seeks interim relief of ₹5.00 crore for contractual disputes related to project execution. The company contests the claims as not tenable and will appear for conciliation on 02 April 2026 through MSME ODR Portal.

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Interarch Building Solutions Limited has disclosed receiving a notice under the Micro, Small and Medium Enterprises Development Act, 2006, for alleged delayed payment claims totaling ₹9.55 crore. The company made this disclosure pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Notice Details and Claims
The notice was received on 16 March 2026 from the Micro and Small Enterprises Facilitation Council (MSEFC), Bengaluru Urban, Department of Industries & Commerce, Government of Karnataka. The petitioner, M/s. AGRIMA Roof & Facade Systems, has filed a reference under Section 18 of the MSMED Act, 2006.
| Particulars: | Details |
|---|---|
| Total Claim Amount: | ₹9.55 crore (including principal and interest) |
| Interim Relief Sought: | ₹5.00 crore |
| Case Reference Number: | CP/00655(KA)/2026 |
| Authority: | MSEFC, Bengaluru Urban |
Nature of Dispute
The petitioner has alleged delays in payments and raised various contractual claims arising from the execution of works. According to the company's disclosure, the dispute pertains to contractual matters relating to project execution, including scope, billing and related issues. The notice was filed for alleged delayed payments under the MSMED Act provisions.
Company's Response and Position
Interarch Building Solutions has stated that it is reviewing the matter and will take appropriate legal steps. The company believes that the claims are not tenable and intends to contest them. The financial impact, if any, cannot be ascertained at this stage as the company is currently evaluating the matter.
Legal Proceedings Timeline
| Process Details: | Information |
|---|---|
| Next Hearing Date: | 02 April 2026 |
| Hearing Time: | 11:00 AM |
| Platform: | MSME ODR Portal |
| Current Stage: | Listed for conciliation |
| Potential Next Step: | May proceed to arbitration |
Financial and Operational Impact
The company has disclosed that while the petitioner has claimed approximately ₹9.55 crore including principal and interest, the financial impact cannot be determined at this stage. The matter is listed for conciliation and may proceed to arbitration in accordance with the MSMED Act, 2006. The company is evaluating both the claims and potential financial implications as the legal process unfolds.
Historical Stock Returns for Interarch Building Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.28% | -0.30% | -5.08% | -7.55% | +16.96% | +49.12% |


































