GPT Infraprojects JV Wins Arbitration Award of ₹3.89 Crore from Kolkata Municipal Corp.
GPT-SMC JV has won an arbitration award of ₹3.89 Crores from Kolkata Municipal Corporation for the Dhapa Water Treatment Plant project. The award was declared by the Sole Arbitrator on April 2, 2026. The company anticipates no negative financial impact from this settlement.
The award amount of ₹3.89 Crores is relatively small compared to the overall size of the company, and the company has indicated no negative financial impact, suggesting a limited impact.
The company has won an arbitration award, which is a positive development.
GPT Infraprojects Limited has announced that an arbitration award has been declared in favour of GPT-SMC JV. The award, received on April 2, 2026, pertains to the construction of a Jetty and Raw Water Pumping Station at Ma-Er Ghat (Baghbazar) for the Dhapa Water Treatment Plant.
The Sole Arbitrator, Justice Retired Mr. Shahidullah Munshi, has ruled that GPT-SMC JV is entitled to receive an amount of ₹3.89 Crores from the Kolkata Municipal Corporation (KMC).
The company has stated that this settlement has no negative impact on the financial position of the listed entity.
What to do with a filing like this
GPT Infraprojects Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by GPT Infraprojects Limited. Read the original for the full detail.