As per Attachment
PNCINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PNC Infratech has accepted NHAI's one-time settlement offer of Rs. 234.72 crore for an arbitration award originally published on 17 May 2025 for Rs. 485.27 crore. The settlement is under the Vivad-se-Vishwas III (Contractual Disputes) Scheme, which offers 45% of the awarded sum plus 9% per annum simple interest. The award relates to the Agra Bypass EPC project executed for NHAI. The company will also receive additional interest of Rs. 0.27 crore for 5 days from 1.5.2026 to 5.5.2026. NHAI will process the payment within 30 days of signing the settlement agreement.
Positive financial impact of approximately Rs. 235 crore will boost the company's cash flows. This resolves a major contractual dispute with NHAI and strengthens the balance sheet.