Highway Infrastructure Penalised ₹26.33 Lakh for Withdrawing from Toll Plaza

The board of Highway Infrastructure decided to withdraw from the Venkatapalem Fee Plaza project, leading to a ₹26.33 lakh penalty from NHAI.
The penalty of ₹26.33 lakh was paid within three days as per the notice, with no other financial impact disclosed.
This disclosure is made per SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, regarding penalties.