John Cockerill India Limited has informed BSE Limited about the initiation of arbitration proceedings against the company by two Spanish entities over an alleged contract breach dating back to 2017. The disclosure was made on February 4, 2026, in compliance with Regulation 30 of SEBI Listing Regulations.

Arbitration Details and Parties Involved

The arbitration proceedings have been filed under the Rules of Conciliation and Arbitration of the International Chamber of Commerce (ICC) of Paris. The case involves multiple parties with specific roles and allegations.

Contract Background and Dispute

The dispute centers around a significant industrial equipment supply contract executed on January 19, 2017. The agreement involved the supply and erection of multiple steel processing systems originally intended for installation in Santander, Spain.

The contract scope included:

• Steel Pickling Line
• Acid Regeneration Plant
• Cold Rolling Mill
• Galvanizing Line

According to the claimants, the respondents have breached the terms of the agreement. The parties were unable to reach an amicable resolution, leading to the formal arbitration filing.

Financial Implications and Claims Assessment

The company has provided limited information regarding the potential financial impact of the arbitration proceedings. Key aspects of the financial implications remain under assessment.

Regulatory Compliance and Disclosure

John Cockerill India Limited has fulfilled its disclosure obligations under SEBI Listing Regulations by promptly informing the stock exchange about the arbitration proceedings. The company has made the information available on its official website under the investor disclosures section.

The disclosure was signed by Nidhi Salampuria, Company Secretary & Compliance Officer (FCS 10448), ensuring proper authorization and compliance with regulatory requirements. The company maintains its registered office at Aurum Q2 IT Parc in Navi Mumbai and operates workshops in the Raigad district of Maharashtra.

John cockerill India Limited has officially confirmed to BSE Limited that it does not meet the Large Corporate criteria as on December 31, 2025. The confirmation was made through a formal disclosure filed on January 23, 2026, under security code 500147.

Regulatory Compliance Disclosure

The company's notification was made pursuant to several SEBI circulars that govern fund raising activities through debt securities issuance by large entities. The disclosure specifically references three key regulatory documents that establish the framework for Large Corporate disclosure requirements.

Corporate Structure and Leadership

The disclosure was signed by Nidhi Salampuria, who serves as Company Secretary and Compliance Officer with membership number FCS 10448. The document was digitally signed on January 23, 2026, demonstrating the company's adherence to modern compliance practices.

Business Operations Framework

John Cockerill India Limited operates from multiple locations across Maharashtra. The company maintains its registered office at Aurum Q2 IT Parc in Navi Mumbai, while conducting manufacturing operations through workshops in the MIDC industrial areas of Raigad district.

This regulatory confirmation ensures transparency in the company's compliance status and provides clarity to stakeholders regarding its current classification under SEBI's Large Corporate framework. The disclosure maintains the company's commitment to regulatory adherence and transparent communication with market participants.