Vistra ITCL Releases Entire 26% Stake in RattanIndia Power Limited Aug 07, 2025
RattanIndia Power Appoints Ravi Kumar Pakalapati as Additional Director and Whole Time Director Jul 23, 2025
RattanIndia Power Reports Q1 Net Loss of ₹131 Crore Amid Revenue Decline Jul 23, 2025
RattanIndia Power: Q3 Net Profit Plummets, Q4 Shows Turnaround May 07, 2025
More news about RattanIndia Power
13Mar 25
RattanIndia Power Faces Setback as Delhi High Court Dismisses Petition Against Rs 115 Crore Arbitral Award
RattanIndia Power Limited's petition challenging a Rs 115 crore arbitral award in favor of BHEL has been dismissed by the Delhi High Court. The award includes 18% annual interest on the principal amount. RPL plans to appeal the decision to the Division Bench of the Delhi High Court. The company promptly disclosed this development to stock exchanges in compliance with SEBI regulations.
12Mar 25
RattanIndia Power Faces Setback in Rs 115 Crore BHEL Arbitration Case
RattanIndia Power Limited's petition challenging a Rs 115 crore arbitral award in favor of Bharat Heavy Electricals Limited (BHEL) has been dismissed by the Delhi High Court. The award, dated July 27, 2017, includes the principal sum plus 18% annual interest. RattanIndia Power plans to appeal the decision before the Division Bench of the Delhi High Court. The company received the court order on March 11, 2025, and has committed to updating stakeholders on further developments.
07Mar 25
RattanIndia Power Faces Legal Setback as High Court Upholds ₹115 Crore Arbitral Award
RattanIndia Power Limited (RPL) has lost a significant legal battle as the High Court dismissed its plea and upheld an interim arbitral award of ₹115 crore in favor of Bharat Heavy Electricals Limited (BHEL). This ruling could have substantial financial implications for RPL. Simultaneously, the company announced a change in key management, with Mr. Lalit Narayan Mathpati replacing Mr. Gaurav Toshkhani as Company Secretary, Compliance Officer, and Key Managerial Personnel, effective March 7, 2025.