Noida Toll Bridge Company Limited — Important, 23-10-2024: General Updates

Noida Toll Bridge Company Limited has disbursed an interim distribution of ₹23.80 crore to ICICI Bank, following approval from its holding company and a clawback undertaking from the bank. The company's loan balance as of September 30, 2024, stands at ₹47.40 crore. This step is part of its ongoing Court Monitored Resolution process, which includes independent liquidation valuations and claim management. The board approved this distribution at their meeting on September 25, 2024.