Noida Toll Bridge Company Limited — Important, 21-12-2024: Disclosure of material issue

The Hon’ble Supreme Court has dismissed the appeal in the case of Noida Toll Bridge Company Limited versus the Federation of Noida Residents’ Welfare Association, marking a significant legal development. This outcome concludes the challenge against the validity of the Concession Agreement involving NOIDA, IL&FS, and NTBCL. While the immediate financial and operational impacts remain uncertain, the company is committed to consulting with relevant authorities to determine an appropriate way forward. Investors should monitor this situation closely for any developments that might influence the company’s strategic direction and overall stability.