Antony Waste Handling Cell Ltd informs of Supreme Court order dismissing Bhiwandi Nizampur City Municipal Corporation's Special Leave Petition.
The Supreme Court upheld Bombay High Court's order validating a ₹15 crore settlement between BNCMC and the company.
BNCMC is ordered to disburse the settlement amount within three months or pay 9% interest from the compromise date.
This disclosure is made in compliance with SEBI Listing Regulations regarding material litigation outcomes.