Dehradun court orders Uttarakhand PWD to deposit ₹81.14 crore arbitration award
As filed · MBL Infrastructure Limited has informed the Exchange regarding a press release dated October 06, 2026, titled "Update on Arbitration Award".
RegulatoryImprovingNotablemateriality 68 out of 100
What happened
FactThe Commercial Court in Dehradun, Uttarakhand, directed the Public Works Department, Government of Uttarakhand, to deposit ₹81.14 crore under an arbitration award for MBL Infrastructure’s Udham Singh Nagar road project. The company said interest continues at 12% per annum until payment is made.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
Scale
- 66.3% of FY26 revenue
₹81.14 Cr stated in the filing against ₹122.31 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
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Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
Evidence
How CapitSignal classified this
- Reasoning:
- The order could support recovery of a sizable arbitration receivable, with additional interest accruing until payment. Actual receipt depends on the deposit and payment process.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%