PNCINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PNC Infratech has received Rs. 212.81 crore (net of TDS) on May 22, 2026, as a one-time settlement from NHAI for an arbitration award related to the Agra Bypass EPC Project. The gross settlement amount is Rs. 234.99 crore. A Settlement Agreement was executed with NHAI on May 12, 2026, under the Government of India's Vivad Se Vishwas III (Contractual Disputes) Scheme. This resolves a long-standing contractual dispute with NHAI and brings significant cash inflow to the company.
Positive for shareholders as the company has received a substantial cash inflow of over Rs. 212 crore, which will improve its cash position and potentially reduce any bad debt provisions related to the dispute.