Aksh Optifibre Wins Arbitration Against BSNL, Awarded ₹9.21 Lakhs Plus Interest
Aksh Optifibre Limited has received a significant award from an Arbitral Tribunal in its dispute with Bharat Sanchar Nigam Limited (BSNL). The tribunal has allowed the company's claim for interest on ...
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Why is Aksh Optifibre Limited in the news today?
Aksh Optifibre Limited (AKSHOPTFBR) is in the news due to the company has won an arbitration case, securing a principal amount, interest on delayed payments, and costs, which will positively impact its financial position.
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Aksh Optifibre Wins Arbitration Against BSNL, Awarded ₹9.21 Lakhs Plus Interest
December 26, 2025, 11:34 AM
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Aksh Optifibre Limited has received a significant award from an Arbitral Tribunal in its dispute with Bharat Sanchar Nigam Limited (BSNL). The tribunal has allowed the company's claim for interest on delayed payments for supplies made during the 2018-19 period, alongside the outstanding dues.
The award includes a principal amount of ₹9,21,070. Furthermore, the Arbitral Tribunal has mandated interest at a rate of 10% per annum on a reducing balance basis on each invoice from its due date (six months post-delivery) until the award date. Additionally, post-award interest at 11% per annum will be payable until full payment is received. The company has also been awarded costs amounting to ₹16,12,465.56 to be paid by BSNL.
This ruling is expected to have a positive impact on the financial position of Aksh Optifibre Limited. The company has been informed of this decision on December 25, 2026.
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