Date: 06.10.2026
Other Operational / Legal / Strategic Disclosures
Arbitration Award Update
- The Commercial Court, Dehradun, Uttarakhand, passed an order dated 05.10.2026.
- The order directs the Public Works Department, Government of Uttarakhand, to deposit an amount of ₹81.14 crores.
- This amount pertains to an Arbitration Award dated 14.12.2024.
- The award is for the project: 'Improvement and Strengthening of Roads in the District of Udham Singh Nagar (Package No. C-2)' in the state of Uttarakhand.
- Further interest is continuing at a rate of 12% per annum until the date of payment is made to the Company.