Kiri Industries Ltd wins another appeal in Supreme Court of Singapore

The Court of Appeal (Supreme Court of Singapore) has announced its judgement on November 25, 2022 in favour of the Company uphelding the earlier judgement of Singapore International Commercial Court (SICC). The Court of Appeal fully dismissed Senda's appeal with addition of further cost including disbursement of S$131,178.61 to Kiri.

The Singapore International Commercial Court (SICC) vide judgement dated December 8, 2021 had awarded all in cost of S$8,111,642.11 plus interest 5.33% from date of the SICC judgement, which was appealed by Senda, is now dismissed fully by the Court of Appeal.

Shares of Kiri Industries Limited was last trading in BSE at Rs. 477.65 as compared to the previous close of Rs. 475.70. The total number of shares traded during the day was 11085 in over 549 trades.

The stock hit an intraday high of Rs. 481.75 and intraday low of 473.75. The net turnover during the day was Rs. 5276155.00.

Source : Equity Bulls

Keywords

KiriIndustries INE415I01015 SupremeCourt Singapore Appeal Win