SPML Infra Limited has informed the Exchange about General Updates regarding receipt of Arbitration Award
SPMLINFRA · price
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Awaiting price reaction for this filing.
SPML Infra Limited has won an arbitration award of Rs. 21.61 Crore from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), received on 31st December 2025. The award is in favour of the company, though it is subject to the terms and conditions stipulated in the award. The company has informed both NSE and BSE about this development under SEBI Listing Obligations Regulation 30. This is part of SPML Infra's water infrastructure business, and the award relates to a project dispute with a key government client.
Positive for shareholders — the Rs. 21.61 Crore award strengthens the company's receivables and is a favourable legal outcome, though actual cash realization will depend on the award terms and the counterparty's compliance. The stock may see a short-term positive reaction given the size of the award relative to the company's scale.