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Kalpataru Projects International LimitedOthers, 04-11-2024: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

04-11-2024 · 01:55 pm

Kalpataru Projects International Limited's subsidiary, Wainganga Expressway Private Limited (WEPL), has been served a petition by the National Highways Authority of India challenging a favorable arbitration award dated July 31, 2024. This follows an earlier announcement where WEPL had successfully claimed certain amounts against NHAI. The claim, once finalized, is expected to be material for the company.

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