MBL Infrastructure Wins ₹81.14 Crore Arbitration Award

Arbitration Award Update

The Commercial Court in Dehradun, Uttarakhand, has passed an order dated October 5, 2026, directing the Public Works Department (PWD) of the Government of Uttarakhand to deposit an amount of ₹81.14 crores. This amount represents an arbitration award dated December 14, 2024.

Project Details

The arbitration award is related to the project 'Improvement and Strengthening of Roads in the District of Udham Singh Nagar (Package No. C-2)' in the state of Uttarakhand.

Financial Implications

• Award Amount: ₹81.14 crores
• Interest: Interest continues to accrue at a rate of 12% per annum until the date of payment is made to the company.

Company Background

MBL Infrastructure Ltd (MBL) is engaged in the execution of Roads & Highways (Construction, BOT, O&M), Building, Housing & Urban Infrastructure, Railways/Metro, and Other Infrastructure Projects. The company was established in 1995 and has been listed since 2010. It operates pan-India with its own Quarrying, Concrete, Bitumen, Construction material, and Tolling divisions.