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TVS Supply Chain Solutions Ltd. ( (IN:TVSSCS) ) has provided an announcement.
TVS Supply Chain Solutions Ltd. has initiated litigation against ZTE Telecom India Pvt. Ltd. at the National Company Law Appellate Tribunal in New Delhi. The dispute involves operational dues of approximately ₹5.03 crore, which TVS claims are outstanding despite partial payments received for services rendered under a business arrangement. This legal action could impact TVS’s financial recovery efforts and its business relationship with ZTE Telecom.
More about TVS Supply Chain Solutions Ltd.
TVS Supply Chain Solutions Ltd. operates in the supply chain management industry, providing integrated logistics solutions and services. The company focuses on optimizing supply chain operations for diverse sectors, enhancing efficiency and reducing costs.
Average Trading Volume: 46,982
Technical Sentiment Signal: Sell
Current Market Cap: 50.29B INR
For a thorough assessment of TVSSCS stock, go to TipRanks’ Stock Analysis page.