JITF Infralogistics Limited — Important, 22-05-2025: Updates

JITF Urban Waste Management (Bathinda), a JITF Infralogistics subsidiary, won a tribunal ruling that reversed its contract termination, ensuring operations continue until concession ends. It was awarded Rs. 1.83 Cr plus interest as tipping fees, while a counterclaim of Rs. 8.11 lakh on land lease was accepted. No significant financial impact is expected. The verdict safeguards revenue continuity, though JUWMBL plans to challenge part of the award.