Noida Toll Bridge Company Limited has informed the Exchange about orders passed by Hon'ble Supreme Court
NOIDATOLL · price
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Noida Toll Bridge Company informed the exchanges that the Supreme Court has dismissed its review petition (R.P.(C) No. 944/2025) challenging the validity of the Concession Agreement between NOIDA, IL&FS and the company. The order was pronounced on May 9, 2025, and received by the company on May 19, 2025. The company had approached the Supreme Court to review an earlier judgment related to the DND Flyway toll matter. The company has stated that the financial and operational impact of the dismissal is yet to be ascertained and that it will decide on the next steps in consultation with its advisors. This is part of the long-running DND Flyway toll dispute between the company and the Federation of Noida Residents' Welfare Association.
Negative for shareholders — the Supreme Court's dismissal upholds the earlier adverse ruling on the Concession Agreement, which has historically been central to the company's toll-collection business. The exact financial impact remains unclear, but the legal setback weakens the company's position in the DND Flyway dispute.