Capacit'e Infraprojects Limited — Others, 13-02-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Capacit'e Infraprojects Limited has reported updates on ongoing litigations, including several cases filed for the recovery of outstanding dues under the Insolvency and Bankruptcy Code. Claims include approximately ₹22.74 crore from Rohan Developers, ₹18.04 crore from Epitome Residency, and ₹41 crore from Sumer Buildcorp.

In terms of settled litigation, the company successfully resolved a claim from RMD Kwikform for ₹3.68 crore, while other claims against it were not pursued or dismissed. The company is also addressing notices from the GST department related to input tax credit denial, with legal opinions suggesting a favorable chance of appeal.

Overall, these developments could signal a mixed outlook for investor sentiment, with ongoing litigation presenting potential risks while resolved cases may bolster confidence.