Outcome of the Litigation impacting the Company
As filed · Antony Waste Handling Cell Limited has informed the Exchange about Outcome of the Litigation impacting the Company
What happened
FactAntony Waste Handling Cell Limited has informed the Exchange about Outcome of the Litigation impacting the Company. Outcome of the Litigation impacting the Company. Mumbai Municipal Corporation through its Commissioner Versus Antony Waste Handling Cell Pvt.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
DelayedSo, it will be not be wrong to assume that in the current year, we would be doing about Rs.18 crores to Rs.20 crores on the C&D business.
So maybe by second quarter onwards, there will be a slight uptick in the numbers because post monsoon is where you'll see a lot of action happening at the ground level.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- Yes. So, it's normally spread between 40, 60 kind of a ratio in year 1 and year 2 and that should be... (management committed by FY27)
- So, it will be not be wrong to assume that in the current year, we would be doing about Rs.18 crores to Rs.20 (management committed by FY26)
Evidence
- Antony Waste Handling Cell Limited has informed the Exchange about Outcome of the Litigation impacting the Company(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · FY26
- Earlier statement · FY26
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%