Further to the letters dated 20th July, 2016 bearing ref. no. PML/SE/2016-17/05, letter dated 28th July, 2016 bearing ref. no. PML/SE/2016-17/07 and dated 17th October, 2016 bearing ref. no. PML/SE/2016-17/21, Pradeep Metals has informed that settlement of the dispute has been arrived at between the parties and the settlement documents have been executed by the parties on 25th August, 2017 at Houston, Texas, USA.
The above information is a part of company’s filings submitted to BSE.