ALPHA TRIBE

Enviro Infra Engineers LimitedOthers, 04-02-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

04-02-2025 | 01:08 pm

Enviro Infra Engineers Limited has announced a board meeting to discuss a recent favorable development in its litigation with Nagar Palika, Nokha. The Hon’ble Patiala House Courts has ordered the release of ₹92.24 cr, which had been deposited by Nagar Palika towards the satisfaction of an Arbitral Award. With the recovery of this amount, the company successfully resolves the pending litigation, bolstering its financial position. This positive outcome may enhance investor sentiment, highlighting the company's capability to recover legitimate dues and ensuring smoother operational continuity.

No comments yet. Be the first to comment!

All announcements from Enviro Infra Engineers Limited