Akash Infra Projects Limited — Important, 07-05-2026: Disclosure of material issue

Akash Infra Projects (AKASH) has received a court order regarding its dispute with Ahmedabad Municipal Corporation (AMC) over arbitration awards. The Commercial Court upheld the original Arbitrator's Awards, rejecting AMC's plea to quash them and AKASH's plea to enhance the awarded amounts. This decision brings finality to the dispute, confirming the original awards. There are no new financial implications (compensation or penalty) at this stage as all pleas for changes were dismissed. This means the original arbitration awards remain as they were. ✅