GTL Infrastructure Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Intimation of Judgment of Hon ble Bombay High Court Quashing of FIR
GTLINFRA · price
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On the reaction day the stock moved 7.7 pts more than Nifty Microcap 250 and 9.1 pts more than its Telecom - Infrastructure peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Bombay High Court has quashed the CBI FIR (RC2192023E0022, dated 16 August 2023) filed against GTL Infrastructure Limited. The court allowed the company's writ petition and ruled that no offence was made out that would warrant continuation of the investigation. The judgment was dated 27 February 2026 and uploaded on 28 February 2026. The company has stated there are no financial implications, no penalties, and no restrictions imposed. The FIR related to a CBI case registered in 2023.
Positive for shareholders — this removes a major legal overhang and ends the CBI investigation against the company, reducing regulatory and reputational risk. The stock may see a relief rally, though the underlying business fundamentals remain unchanged.