Announced Tue, 6 Oct, 2026 · 11:52 IST
Court orders Rs 81.14 crore deposit to MBL Infra in arbitration win
MBLINFRA · price
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Price reaction · full curve 14 horizons · vs prior close
+3.5%1-day move
₹24.20
prior close
₹24.75
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.4+0.2+1.2+3.5+0.1————————
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AI summary
Commercial Court Dehradun directed Uttarakhand Public Works Department to deposit Rs 81.14 crores with MBL Infra towards an arbitration award dated December 2024. The award relates to the road improvement and strengthening project in Udham Singh Nagar district (Package C-2). Interest at 12% per annum will continue accruing until actual payment. This is a significant recovery order for a pending government receivable.
Likely market impact
Positive for cash flows; strengthens recovery of long-pending dues from a state government project, reducing receivables.