Capacite Infraprojects Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
CAPACITE · price
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Awaiting price reaction for this filing.
Capacit'e Infraprojects has disclosed updates on multiple ongoing legal cases it has filed against various builders and developers to recover outstanding dues. The company is pursuing four NCLT insolvency petitions — against Ramakrishna Housing, Siddhiraj Housing, Sankalp Siddhi Developers, Epitome Residency, and T Bhimjyani Realty — several of which have been admitted with CIRP (insolvency resolution) process initiated. Total admitted claims by Interim Resolution Professionals (IRPs) include Rs. 6.37 Cr (Siddhiraj), Rs. 7.67 Cr (Sankalp Siddhi), Rs. 10.26 Cr (Epitome Residency), and Rs. 21.61 Cr (T Bhimjyani). Additionally, a RERA petition against Gulam Mustafa Enterprises seeks registration of 24 flats worth Rs. 12.61 Cr, and a Bombay High Court application against T Bhimjyani Realty (claiming Rs. 58.08 Cr) has reached a settlement between parties.
For shareholders, this shows the company is actively chasing recoveries of over Rs. 100+ Cr in dues through legal channels, which could improve cash flow if realised. However, recovery timelines in IBC proceedings are long, and outcomes remain uncertain. Near-term stock impact is likely neutral as these are recovery efforts rather than liabilities on the company.