Noida Toll Bridge Company Limited has informed the Exchange about Copy of Newspaper Publication in respect of Letter to Shareholders in Dainik Jagran, Delhi.
NOIDATOLL · price
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NTBCL has submitted copies of a 'Letter to Shareholders' published in Dainik Jagran (Delhi) on August 8, 2025, as required under SEBI Listing Regulations. The letter responds to stakeholder concerns after the Supreme Court dismissed the company's Review Petition related to the DND Flyway toll issue. It addresses 21 questions covering the concession agreement's validity, toll removal implications, legal remedies, advertising rights, and project returns. Q1 FY26 (quarter ended June 30, 2025) results show total income of Rs. 1,108.01 lakhs and a small net profit of Rs. 16.65 lakhs on a standalone basis, while the full FY25 reported a massive loss of Rs. 24,429.29 lakhs. The company has over 60,000 public shareholders holding approximately 70% equity, and outstanding debt stands at Rs. 67 crores (Rs. 48 crore secured plus Rs. 19 crore unsecured).
This is a routine regulatory compliance filing, but the underlying content highlights significant ongoing legal and financial uncertainty for shareholders. With the Supreme Court having dismissed the Review Petition, the company is exploring further legal options and emphasises it will firmly protect contractual rights, though share price has already declined sharply post-verdict.