MBL Infrastructure has informed that the Commercial Court, Dehradun, Uttarakhand, has dismissed both the petitions filed by Public Works Department, Government of Uttarakhand under section 34 of the Arbitration and Conciliation Act, 1996 against Arbitration award dated 14.12.2024 in favour of the Company for the project of 'Improvement and Strengthening of Roads in the District of Udham Singh Nagar (Package No. C-2) in the state of Uttarakhand. The value of the Arbitration award including interest is Rs 82.77 crores as on 27.07.2026 and further interest is continuing @1 2% p.a. till the date of payment to the Company.
The above information is a part of company’s filings submitted to BSE.
