STOCKWATCH
·
Road Assets–Toll- Annuity- Hybrid-Annuity
Legal10 May 2025, 10:31 am

Supreme Court Dismisses Review Petition of Noida Toll Bridge Company Ltd

AI Summary

In a recent development, the Hon’ble Supreme Court of India has dismissed the review petition filed by Noida Toll Bridge Company Ltd, challenging the validity of the Concession Agreement between NOIDA, IL&FS and NTBCL. The impact on the business is yet to be ascertained and the Company will find a way forward in consultation with appropriate offices. This update comes after the judgement pronounced by the Hon’ble Supreme Court of India yesterday, i.e. May 10, 2025.

Key Highlights

  • Supreme Court dismisses review petition of Noida Toll Bridge Company Ltd
  • Challenge to the validity of the Concession Agreement between NOIDA, IL&FS and NTBCL dismissed
  • Impact on business yet to be ascertained
  • Company to find a way forward in consultation with appropriate offices
  • Judgement pronounced by the Hon’ble Supreme Court of India on May 10, 2025
NOIDATOLL
Road Assets–Toll- Annuity- Hybrid-Annuity
NOIDA TOLL BRIDGE COMPANY LTD.

Price Impact