Announced Mon, 8 Jun, 2026 · 16:27 IST
Company seeks enforcement of Rs 117.84 Cr arbitration award win
AKASH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹27.50
prior close
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base price
After-mkt
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AI summary
Akash Infra Projects has filed a petition at the Ahmedabad Commercial Court to enforce an arbitration award won against Ahmedabad Municipal Corporation. The company is claiming about Rs 117.84 Crore along with interest, based on a January 2022 arbitration award in its favor. The company says there is no negative financial impact since the award was in its favor, and it is now pursuing recovery of the amount.
Likely market impact
Positive potential — company won arbitration and is now actively seeking recovery of Rs 117.84 Crore from civic body.