MoneyWorks4Me

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bharat Road Network has informed that Solapur Tollways (STPL), a wholly owned subsidiary of the Company has vide its letter dated 19.07.2024 submitted a Notice of Termination of Project under Article 37.3.2 of the Concession Agreement dated 29.02.2012 entered into between STPL with National Highways Authority of India (NHAI) on account of various default / breaches committed by NHAI of the Concession Agreement. The details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 is enclosed.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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