Noida Toll Bridge Company Limited has informed the Exchange regarding a press release dated January 02, 2026, titled "DND FLYWAY UPGRADATION WORK GETS IMPACTED ON IMPOSITION OF GRAP-IV RESTRICTIONS, COMPLETION TIMELINES EXTENDED TO FEB 2026".
NOIDATOLL · price
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Noida Toll Bridge Company (NTBCL) has paused its DND Flyway upgradation project because GRAP-IV restrictions have been imposed in the NCR region following hazardous air quality levels. Road construction is classified as polluting activity and is not permitted while GRAP-IV is in force. Preliminary work had started in late October 2025 with original completion expected by end-December 2025 to January 2026, but regulatory restrictions alone caused a five-week delay. An additional issue is that part of the upgradation work requires specific warm temperatures and cannot be done in cold December weather, so that portion is now scheduled for January. Work is currently on hold, and once GRAP-IV is lifted, the company expects to finish within about five weeks, pushing the final completion timeline to February 2026. NTBCL has stated it is fully compliant with all government directives.
This is a modest delay in a routine infrastructure upgradation project and is unlikely to materially affect toll revenues or long-term operations. Short-term shareholders may see minor timeline slippage, but the delay is driven by external regulatory and weather factors, not company-specific issues. Investors should watch for any further extensions if air quality worsens.