PNC Infratech Settles Agra Bypass Project Dispute for ₹235 Crore
PNC Infratech has settled a dispute related to its Agra Bypass Project with NHAI for ₹234.99 crore under the Vivad Se Vishwas III scheme. The settlement agreement was executed on May 12, 2026, and is expected to have a positive financial impact.
The settlement involves a substantial amount of ₹234.99 crore, which is a material financial event for the company.
The settlement of a significant dispute and the expected financial inflow of ₹234.99 crore are positive developments for the company.
PNC Infratech Limited has executed a Settlement Agreement with the National Highways Authority of India (NHAI) for its 'Agra Bypass Project'. This settlement, under the Government of India's 'Vivad Se Vishwas III (Contractual Disputes)' Scheme, amounts to ₹234,99,03,465 (Two hundred thirty-four crore ninety-nine lakh three thousand four hundred sixty-five only). The agreement was executed on 12 May 2026. This resolution is expected to have a positive financial implication for the company, with the aforementioned amount to be received from NHAI. This development is a continuation of earlier intimations regarding the dispute and its potential resolution.
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PNC Infratech 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 high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by PNC Infratech Limited. Read the original for the full detail.