Aksh Optifibre Wins Arbitration Claim Against BSNL for ₹9.21 Lakhs Plus Interest
Aksh Optifibre Limited has received a favorable order from an Arbitral Tribunal concerning a dispute with Bharat Sanchar Nigam Limited (BSNL). The tribunal has allowed the company's claim for interest...
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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 claim, which includes recovery of dues and interest, along with costs, positively impacting its financial position.
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Aksh Optifibre Wins Arbitration Claim Against BSNL for ₹9.21 Lakhs Plus Interest
December 26, 2025, 12:14 PM
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Aksh Optifibre Limited has received a favorable order from an Arbitral Tribunal concerning a 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, in addition to the outstanding dues.
The award includes Rs. 9,21,070/-, interest at 10% per annum on a reducing balance basis on each invoice from its due date (six months post-delivery) until the award date, and post-award interest at 11% per annum until full payment. Furthermore, BSNL has been ordered to pay Rs. 16,12,465.56/- towards the company's costs. The Arbitral Tribunal communicated this order on December 25, 2025. This development is expected to have a positive impact on the financial position of Aksh Optifibre Limited.
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