Has received an Arbitration Award in the matter of arbitration between M Afcons Gunanusa Joint
As filed · General Updates
What happened
Facthas received an Arbitration Award in the matter of arbitration between M/s Afcons Gunanusa Joint. Venture (a joint venture between the Company and PT Gunanusa Utama Fabricators, Indonesia) V/s.
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.
Order Book
DelayedThe Board acknowledged Shapoorji Mistry's pivotal role played in Afcons growth trajectory between FY2012 and FY2025, wherein turnover grew nearly fivefold to ₹13,023 Cr, EBITDA rose at a CAGR of over 14.5%, and the order book expanded more than five fold to ₹36,869 Cr.
For the 9 months out of this INR1.5 lakh crores, major chunk is from urban infrastructure, which for us comprises of metro and elevated bridges and elevated roads, that is around 34%.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
Evidence
- Afcons Infrastructure Limited has informed the Exchange about General Updates(opens the original filing in a new tab)
- Earlier statement · FY12
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%