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    WELENT — Welspun Enterprises News Story

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    Brief: Welspun Enterprises Says Indian Oil Corporation, Co Agreed To Amicably Settle Suit

    Picture of Welspun Enterprises logoWelspun Enterprises
    06/06/2024 16:12
    June 6 (Reuters) - Indian Oil Corporation Ltd  IOC.NS :
    * INDIAN OIL CORPORATION, CO AGREED TO AMICABLY SETTLE SUIT
BY
MEDIATION PROCEEDINGS BY DELHI HIGH COURT
    * IOCL SHALL PAY TO CO 159.6 MILLION RUPEES, INTEREST 77.1
MILLION
RUPEES TOWARDS FULL AND FINAL SETTLEMENT OF ALL CLAIMS
    * POST SETTLEMENT, CO SHALL WITHDRAW SUIT FILED BEFORE DELHI
HIGH
COURT

Source text for Eikon:  ID:nNSE4TfcQW 
Further company coverage:  IOC.NS 

 ((Reuters.Briefs@thomsonreuters.com;;))

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