NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company21h ago · 19 Aug 2026, 06:51 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Vishnu Prakash R Punglia Limited · VPRPL
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Vishnu Prakash R Punglia Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. The company has received a Full Judgement against SB Civil Writ Petition No. 10651/2026, related to a contract for execution of works related to the 'Major upgradation of Bikaner Railway Station of Bikaner Division of North Western Railway (On EPC)' which was awarded to Joint Venture namely VPRPL-KSIPL BKN JV in which Vishnu Prakash R Punglia Limited is a Partner.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment4/10
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Vishnu Prakash R Punglia Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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VISHNU PRAKASH R PUNGLIA LIMITED
ENGINEER, CONTRACTOR & DESIGNER
An ISO 9001: 20 1 5 C e r t i f i e d C o m p a n y
19-08-2026
To, To,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1,
21st Floor, Dalal Street, Fort, Block G, Bandra-Kurla Complex,
Mumbai – 400 001 Bandra (East), Mumbai – 400 051
BSE Scrip Code: 543974 NSE Scrip Symbol: VPRPL
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015, and in continuation of our earlier intimation dated
13-05-2026 and 14-05-2026 regarding termination notice from North Western Railway in respect of
the contract for execution of works related to “Major upgradation of Bikaner Railway Station of
Bikaner Division of North Western Railway (On EPC)” which was awarded to Joint Venture namely
VPRPL-KSIPL BKN JV in which Vishnu Prakash R Punglia Limited is a Partner, we wish to inform
you that VPRPL-KSIPL BKN JV has received a Full Judgement against SB Civil Writ Petition No.
10651/2026.
The relevant details of the same are enclosed herewith.
The above information is being disclosed in compliance with the applicable regulatory requirements
and for the information of the Stock Exchange(s) and stakeholders.
For VISHNU PRAKASH R PUNGLIA LIMITED
Manohar Lal Punglia
Managing Director
DIN: 02161961
CIN: L45203MH2013PLC243252
Corporate office: B-31/32, Second Floor, Industrial Estate, New Power House Road, Jodhpur-342003, Rajasthan
Telephone: 0291-2434396, Email: accounts@vprp.co.in
Reg. Office – Unit No. 3, 5th Floor, B Wing, Trade Star Premises Co-Opeartive Society Limited, Village Kondivita,
Mathuradas Vasanji Road, Near Chakala Metro Station, Andheri (East), Mumbai 400059 Maharashtra
VISHNU PRAKASH R PUNGLIA LIMITED
ENGINEER, CONTRACTOR & DESIGNER
An ISO 9001: 20 1 5 C e r t i f i e d C o m p a n y
The relevant details of the communication received is as under:
S. Particulars Details
1 Name of the listed company VISHNU PRAKASH R PUNGLIA LIMITED
2 Type of communication received Court Order– Full Judgement reserved on
21.07.2026, Pronounced on 17.08.2026 and
detailed Judgement received on 19.08.2026,
with reference to Termination Notice from
North West Railway
3 Date of receipt of communication 19-08-2026
4 Authority from whom communication High Court of Judicature for Rajasthan
received
Jodhpur
5 Brief summary of the material contents As per the said order:
of the communication received,
The petitioner (VPRPL-KSIPL BKN JV) is
including reasons for receipt of the
granted liberty to avail its appropriate and
communication
efficacious remedy before the competent
forum.
The status quo, on the date, on which the
judgment was reserved, shall be maintained for
a period of 30 days from the date of
pronouncement.
The bank guarantee furnished by VPRPL-
KSIPL BKN JV shall not be encashed for a
period of 45 days from date of pronouncement.
6 Expected financial implications on the Encashment of Bank Guarantee is stayed by
listed company, if any Hon’ble Court Order for a further period of
45 days.
Fresh NIT of Department cannot be
decided now as no LOA issued up to
21.07.2026.
7 Penalty proposed to be imposed under Forfeiture of Performance Guarantee by
the Show Cause Notice / Any other encashment of Bank Guarantee and Security
monetary liability arising out of the Deposit is stayed by Hon’ble Court Order for
Show Cause Notice a further period of 45 days.
8 Action(s) taken by listed company with The Company has decided to avail appropriate
and efficacious remedy by filing petition
CIN: L45203MH2013PLC243252
Corporate office: B-31/32, Second Floor, Industrial Estate, New Power House Road, Jodhpur-342003, Rajasthan
Telephone: 0291-2434396, Email: accounts@vprp.co.in
Reg. Office – Unit No. 3, 5th Floor, B Wing, Trade Star Premises Co-Opeartive Society Limited, Village Kondivita,
Mathuradas Vasanji Road, Near Chakala Metro Station, Andheri (East), Mumbai 400059 Maharashtra
VISHNU PRAKASH R PUNGLIA LIMITED
ENGINEER, CONTRACTOR & DESIGNER
An ISO 9001: 20 1 5 C e r t i f i e d C o m p a n y
respect to the communication before competent forum as per the liberty
granted by Hon’ble Court.
9 Any other relevant information NA
CIN: L45203MH2013PLC243252
Corporate office: B-31/32, Second Floor, Industrial Estate, New Power House Road, Jodhpur-342003, Rajasthan
Telephone: 0291-2434396, Email: accounts@vprp.co.in
Reg. Office – Unit No. 3, 5th Floor, B Wing, Trade Star Premises Co-Opeartive Society Limited, Village Kondivita,
Mathuradas Vasanji Road, Near Chakala Metro Station, Andheri (East), Mumbai 400059 Maharashtra