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Emami Paper Wins Breathing Room as Court Halts Arbitration Proceedings

Updated: July 23, 2025 19:14

Image Source : Zee Business
Emami Paper Mills Ltd has received an ad-interim injunction from the Calcutta High Court, restraining arbitration proceedings initiated against the company. The legal development is not expected to materially impact Emami’s financial or operational performance.
 
Legal update:
 
- The injunction was granted under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements
 
- The court order temporarily halts arbitration proceedings, allowing Emami time to respond and prepare its legal position
 
- The company has clarified that the matter is procedural and does not affect its day-to-day business or financial health
 
- Emami continues to operate its packaging board and newsprint divisions without disruption
 
Strategic context:
 
- The company remains focused on its expansion into high-end packaging and specialty paper segments
 
- Emami’s management reiterated its commitment to transparency and regulatory compliance amid ongoing legal proceedings
 
Sources: Rediff MoneyWiz, Emami Paper Mills Ltd official filings, Economic Times, Screener.in, Business Standard

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