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.
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Growth Catalyst2/10
Governance Concern1/10
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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