Forbes & Company settles dispute with Videocon Realty and Infrastructure

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Capital Market
Last Updated : Feb 26 2019 | 11:18 AM IST
Forbes & Company announced that its dispute with Videocon Realty and Infrastructure (VRIL) in respect of Project Vicinia has been resolved through Arbitration Mechanism. The Company is required to pay an amount of Rs. 153 crore to VRIL and VRIL would have no rights or interests in the Project Vicinia.

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First Published: Feb 26 2019 | 10:07 AM IST

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