ITD Cementation India Limited — Others, 23-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

ITD Cementation India has received a favorable arbitration award against Delhi Metro Rail Corporation (DMRC) concerning a work contract for the Dwarka-Najafgarh corridor. The company had initiated the dispute resolution process, seeking claims totaling Rs. 57.23 Crores for aspects like project delays and changes in scope. The Arbitral Tribunal has allowed some of these claims, awarding the company Rs. 15.84 Crores plus interest. This decision is significant as it means potential funds will be realized by the company upon actual receipt of the award amount, settling a past contract dispute.