Page Industries Faces ₹1,300 Crore UAE Legal Claim Today

Page Industries faces an AED 113.5 million UAE court claim linked to a distribution dispute with Yellow Flower Trading LLC. Key details here. Page Industries Ltd. (NSE:

) is in focus after the company received a notice from the Dubai Court regarding a claim filed by Yellow Flower Trading LLC (YFT), Dubai. The dispute relates to the parties’ distribution arrangement in the UAE. According to the notice, YFT has claimed AED 113.5 million (approximately ₹1,300 crore), along with interest at 9% per annum from October 10, 2025, the date cited for the alleged unlawful termination, until full payment. For investors, the development introduces legal and financial uncertainty that could remain a key factor to monitor as the matter progresses. However, the claim itself does not establish liability, and further legal proceedings and company disclosures will be important. Established in 1995, Page Industries is the exclusive licensee of the Jockey brand in India and has built a strong presence across men's, women's and children's premium innerwear categories through product quality, innovation and marketing. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.