Olectra Greentech Limited has issued a clarification to BSE Limited regarding the significant increase in trading volume of its shares, responding to an exchange inquiry dated March 19, 2026.

BSE Inquiry and Company Response

The BSE had sought clarification from the company regarding the notable surge in share volume through reference number L/SURV/ONL/PV/SG/2025-2026/985. In its formal response submitted on March 20, 2026, Olectra Greentech addressed the exchange's concerns comprehensively.

Key Clarifications Provided

The company made several important clarifications in its response to the stock exchange:

• All company information is currently in the public domain
• No pending price-sensitive information awaits disclosure
• No announcements are pending under Regulation 30 of SEBI Listing Regulations
• The volume increase is attributed to market-driven factors

Regulatory Compliance Statement

Olectra Greentech emphasized its commitment to regulatory compliance, stating that the company has made and will continue to make all necessary disclosures in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The response was signed by P. Hanuman Prasad, Vice President-Company Secretary & Legal, who digitally signed the document on March 20, 2026, at 10:30:30 +05'30'. The company requested BSE to take the clarification on record and proceed with necessary actions.

Olectra Greentech Limited has received an unfavorable arbitral award in its long-standing dispute with M.L.R. Motors Limited, resulting in the loss of a Rs 10.00 crore claim and additional cost obligations. The company disclosed this development to stock exchanges on March 7, 2026, following receipt of the award on March 6, 2026.

Arbitral Award Details

The Arbitral Tribunal, which was constituted pursuant to an order from the Hon'ble High Court of Telangana dated November 22, 2024, passed its award on March 2, 2026. The tribunal's decision was comprehensive and unfavorable to Olectra Greentech on multiple fronts.

The award specifically disallowed Olectra Greentech's claim for recovery of the capital advance of Rs 10.00 crore that had been made to M.L.R. Motors Limited. This advance was subsequently converted into equity shares of M.L.R. Motors Limited, adding complexity to the dispute.

Financial Implications

Beyond the loss of the primary claim, the Tribunal directed Olectra Greentech to reimburse Rs 5,00,000 towards the cost of arbitration and legal expenses incurred by M.L.R. Motors Limited. This additional financial burden compounds the adverse impact of the award on the company's financial position.

Company's Response and Next Steps

Olectra Greentech has indicated that it is currently reviewing the detailed order to understand the tribunal's reasoning and assess available options. The company has stated that it will consider further actions, including challenging the award before appropriate courts. This suggests that the legal dispute may continue through the appellate process.

Regulatory Compliance

The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015, with the company providing detailed information as required under the relevant regulatory framework. This follows an earlier disclosure made on December 18, 2023, indicating the ongoing nature of this dispute and the company's commitment to keeping stakeholders informed of material developments.