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Bharat Road Network LimitedOthers, 09-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

09-07-2025 | 10:00 am

Bharat Road Network Limited's subsidiary, Orissa Steel Expressway Private Limited (OSEPL), has received Rs. 383.85 Cr (net of TDS) as full and final settlement under the 'Vivad Se Vishwas II (Contractual Disputes)' Scheme with the National Highways Authority of India (NHAI). This settles all disputes related to their Concession Agreement dated 2010. The parties have agreed not to raise any further disputes. Bharat Road Network holds 59.38% in OSEPL and plans to use the settlement amount for priority liabilities, legal, and operational expenses. The exact financial impact on the parent company is currently unquantifiable.

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