Tag
Construction
23 articles
The construction sector faces a mixed landscape of developments, with ongoing legal battles and project reviews alongside positive financial results and contract wins. Several companies, including GPT Infraprojects and PNC Infratech, reported strong earnings for fiscal year 2026, demonstrating resilience in the market. However, disputes and insolvency proceedings continue to weigh on some players, as evidenced by cases involving Prism Johnson, Saamag Constructions, and C&C Constructions. Union Minister Nitin Gadkari’s review of highway projects in Assam signals a focus on quality and accelerated execution, while RR Constructions’ Supreme Court victory highlights the importance of adhering to tender clauses. These developments suggest a sector navigating both growth opportunities and persistent legal and financial challenges, requiring investors to carefully assess company-specific risks and monitor policy changes impacting infrastructure development.
Gadkari Reviews 4,178 km Assam Highway Projects
Union Minister Nitin Gadkari reviewed quality and progress of 4,178 km National Highway projects in Assam.
Review was prompted by media and social media inputs, attended by MoS and officials from NHAI
NCLT Adjourns Prism Johnson vs Jaiprakash Construction Case
NCLT Allahabad Bench adjourns insolvency petition hearing to July 6, 2026.
Operational creditor Prism Johnson Limited files petition under Section 9 IBC.
New counsel for operational creditor seeks tim
CFM ARC Initiates Insolvency Against Saamag Constructions
CFM Asset Reconstruction files Section 7 IBC petition against Saamag Constructions for a default of ₹504.80 crore.
Tribunal directs petitioner to serve notice via email and dasti, giving corporate deb
NCLAT Adjourns C&C Constructions vs Power Grid Appeal
NCLAT adjourned hearing for Company Appeal No. 781 of 2019 between C&C Constructions and Power Grid Corporation.
Ministry of External Affairs filed an application (IA No. 746/2021) on May 10, 2021, in
RR Constructions Wins Supreme Court Tender Qualification
Supreme Court set aside High Court order disqualifying RR Constructions for using Fixed Deposit as Earnest Money Deposit.
Court held tender clause 2.13 allows FD as approved interest‑bearing security,
VSF Projects Board Meeting for FY26 Results, Capital Hike
VSF Projects Limited will hold a board meeting on May 25, 2026, to approve audited financial results for Q4 and FY ending March 31, 2026.
The board will also consider and approve an increase in the co
GPT Infraprojects FY26 Net Profit Rises 9% to ₹96.5 Crore
GPT Infraprojects reported a 9% YoY rise in standalone net profit to ₹96.5 crore for FY26, with revenue up 5.8% to ₹1,226.3 crore.
The Board approved a third interim dividend of ₹1.00 per share, bring
Bhanderi Infracon Board Meeting for FY26 Results
Bhanderi Infracon intimates BSE of its upcoming board meeting on May 30, 2026.
The board will consider audited standalone and consolidated financial results for H2 and FY ended March 31, 2026.
This is
Shah Construction Board Meeting on May 28, 2026
• Shah Construction Company board meeting scheduled for May 28, 2026 to approve audited FY26 financial results.
• Trading window closure for insiders was in effect from April 1 to May 30, 2026 per SEB
Patidar Buildcon Board Approves FY26 Results
Patidar Buildcon schedules board meeting on May 30, 2026 to approve audited financial results for Q4 and FY ending March 31, 2026.
The meeting will comply with SEBI LODR Regulation 33 requirements for
IRB Infrastructure Q4 FY26 Corporate Presentation Upload
IRB Infrastructure uploaded its corporate presentation for Q4 FY26 ending March 31, 2026 to company website.
The company formally notified BSE and NSE about the presentation availability through regul
Supreme Court Directs NBCC Notice, Lali Petition
The Supreme Court heard Writ Petition No.160/2024 filed by Nitin Lali & Ors against the Union of India on 18‑05‑2026.
IA No.32273/2026 sought clarification; the Court ordered notice to non‑applicants
Supreme Court Adjourns Jharkhand vs Sri Sai
The State of Jharkhand filed a Special Leave to Appeal against a High Court judgment dated 05‑06‑2025.
Respondent M/s Sri Sai Krishna Constructions sought condonation of delay in refiling and exemptio
PNC Infratech FY26 PAT ₹832 Cr, Q4 Revenue ₹1617 Cr
Announces standalone and consolidated financial results for Q4 and full year ended March 31, 2026.
Consolidated FY26 PAT reached ₹832 crore, including ₹337 crore net gain from monetization of 12 HAM a
Santacruz Contractors Appeal Order – Pleadings Deadline
Supreme Court heard petition for special leave to appeal filed by Santacruz Contractors against Thane Municipal Corporation on 18‑05‑2026.
The matter was listed for further hearing on 04‑08‑2026, dire
Shri Agarwal Construction Appeal to Face Charges
Supreme Court heard Petition for Special Leave to Appeal (No. 27738/2025) filed by Shri Agarwal Construction Co. against Registrar General.
Court examined affidavit of compliance filed on 06.05.2026 a
Lotus Green Constructions SLP Listed
Supreme Court listed the Special Leave to Appeal filed by Lotus Green Constructions for hearing next week.
Petition arises from a High Court judgment dated 24‑02‑2025 in WRITC No. 15604/2021.
Responde
Atlantaa Limited FY26 Results with Rs 217.95 Cr Reclassification
Board approved audited standalone and consolidated financial results for Q4 and year ended March 31, 2026, with unmodified auditor opinion.
Reclassified Rs 217.95 crore bank guarantee payment from exp
Torana Housing vs Aakansha Construction Appeal
Supreme Court Registrar heard SLP(C) Nos.23694‑23695/2025 and 16954/2025 on 18‑May‑2026 involving Torana Co‑operative Housing Society Ltd and Aakansha Construction Company.
Respondent numbers 1‑14 wer
Astral Recommends Final Dividend of Rs 2.50
Board recommended a final dividend of Rs 2.50 per equity share for FY26, subject to shareholder approval at the AGM.
Approved audited standalone and consolidated financial results for Q4 and year ende
IRB Infrastructure Q4 FY26 Results Announcement and Earnings Call
IRB Infrastructure Developers will announce Q4 and FY26 results on May 20, 2026.
Company will host earnings conference call on May 21, 2026 at 11:00 AM IST.
Earnings presentation and call transcript w
NCLT Adjourns SREI Equipment Finance vs AKR Construction
NCLT Hyderabad adjourned a hearing in the SREI Equipment Finance insolvency petition against AKR Construction to July 23, 2026.
The tribunal noted the application was incomplete as the claimed amounts
Supreme Court Deletes KENCES Constructions from Appeal
Supreme Court heard petition for special leave to appeal (Ashish Vyas v. C. Elumali) arising from Madras High Court judgment dated 15‑10‑2024.
Court previously ordered that resolution applicant KENCES