BSECompany Update24 Aug 2026 · 24 Aug 2026, 05:28 pm

Please find enclosed intimation of receipt of Arbitration Award in favour of the Company.

Afcons Infrastructure Ltd · 544280

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Afcons Infrastructure Ltd has received an arbitral award of ₹ 335.50 Crores in its favour from Uttar Pradesh Expressways Industrial Development Authority.

Analysis Scores

Earnings Impact8/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10

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Afcons Infrastructure Ltd - 544280 - Receipt Of Arbitration Award

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August 24, 2026 To To BSE Limited National Stock Exchange of India Ltd Corporate Relationship Dept., Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai 400001. Bandra (East), Mumbai 400 051. Scrip Code: 544280 Symbol: AFCONS Sub: Intimation of Receipt of Arbitration Award under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Regulatory Order With reference to the above captioned subject and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we wish to inform you that, in the arbitration proceedings between Afcons Infrastructure Limited ("Company") and Uttar Pradesh Expressways Industrial Development Authority (“UPEIDA”), the Company has received an arbitral award of ₹ 335.50 Crores in its favour on 24th August 2026. Details as required under Regulation 30 of the SEBI LODR Regulations, read with SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026 in relation to the above, is enclosed herewith as Annexure – A. Thanking you, Yours faithfully, For Afcons Infrastructure Limited Gaurang Parekh Company Secretary and Compliance Officer Membership No.: F8764 Encl: Annexure-A Afcons Infrastructure Limited Regd. Office: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar, Andheri(W), Mumbai - 400 053, India, Tel.: +91-22-6719 1000, Email: secretarial@afcons.com www.afcons.com | CIN No.: L45200MH1976PLC019335 Annexure-A Sr. Particulars Details 1. Name of the authority Arbitral Tribunal 2. Nature and details of the action(s) In the arbitration proceedings between Afcons taken, initiated or order(s) passed Infrastructure Limited ("Company") and Uttar Pradesh Expressways Industrial Development Authority (“UPEIDA”), the Arbitral Tribunal has on 24th August 2026 passed an arbitral award in favour of the Company awarding principal amount of ₹152.25 Crore along with pre-award and pendente lite interest (at SBI Base Rate with quarterly rests from 01.05.2019 to 24.08.2026) of ₹183.25 Crore. Thereby, aggregating to total award amount of ₹ 335.50 Crore. 3. Date of receipt of direction or August 24, 2026 order, including any ad-interim or interim orders, or any other communication from the authority 4. The details of any change in the NA status and / or any development in relation to such proceedings. 5. The case of litigation against key NA management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings 6. in the event of settlement of the NA proceedings, details of such settlement including - terms of the settlement, compensation/penalty paid (if any) and impact of such settlement on the financial position of the listed entity 7. Remark There will be an positive impact on the financial position of the Company. The awarded amount shall be payable subject to the condition that the counterparty does not challenge the award within the stipulated period prescribed under law. Afcons Infrastructure Limited Regd. Office: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar, Andheri(W), Mumbai - 400 053, India, Tel.: +91-22-6719 1000, Email: secretarial@afcons.com www.afcons.com | CIN No.: L45200MH1976PLC019335