Eurotex Industries and Exports Limited (EUROTEXIND) — Announcement | 3 August 2026

· NSE Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Supreme Court dismissed appeal in MSEDCL dispute; Bombay High Court rejects demand challenge
🔄 What Changed
Court dismissed appeal confirming MSEDCL's position; new legal steps initiated
💡 Investor Takeaway
Shareholders face potential disconnection of power supply and must monitor legal outcomes of disputed dues.

Eurotex Industries and Exports Limited disclosed that the Bombay High Court dismissed its petition challenging MSEDCL's demand for Rs. 54.28 crores in alleged dues related to Plot E-23, stating the company is now pursuing legal remedies including approaching the Ombudsman. The filing also details a separate unresolved dispute with MSEDCL over disconnected electricity connections involving over Rs. 140 crores in outstanding amounts across three consumer accounts, with disconnection threatened if unpaid within 15 days. This regulatory update reflects ongoing litigation risks and financial exposure from utility disputes.

📄 View Original Announcement (PDF)

About Eurotex Industries and Exports Limited (EUROTEXIND)

Textiles · Textiles · Listed on NSE

Market Cap: ₹11.72 Cr ROE: 4.3% ROCE: -2.1%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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