Announced Wed, 6 May · 12:45 IST

Enviro Infra Engineers Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Arbitration WonRegulatory & Legal View source PDF

EIEL · price

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▲ 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
+3.1%1-day move
₹212.70
prior close
₹208.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.4-0.2+0.2+3.1+2.1+3.0-4.1-3.4-9.2-3.9-15.4+13.1
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AI summary

Enviro Infra Engineers Limited has won two arbitration cases against Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC) initiated in 2022. The company was awarded approximately ₹8.65 crore including interest and litigation costs for two CETP projects at Faridabad (₹4.75 crore) and Rohtak (₹3.34 crore). The cases were adjudicated under Delhi International Arbitration Centre (DIAC). Additionally, the company will receive 16% simple interest on VAT and Service Tax amounts from January 1, 2026, legal costs of ₹14 lakh per reference, and refund of DIAC fees deposited. The arbitration proceedings have concluded and the award was received on May 6, 2026.

Likely market impact

This is a positive development for the company as it will receive approximately ₹8.65 crore plus interest and costs, strengthening its financial position and resolving long-standing payment disputes from 2022.