Business Update6 Jun 2026, 10:41 pm
Prakash Woollen receives ₹6.48 Cr enhanced compensation from NHAI
AI Summary
Prakash Woollen & Synthetic Mills Ltd has received an enhanced compensation of ₹6,48,05,244 from the National Highways Authority of India (NHAI). This compensation is related to land acquisition that occurred in the financial year 2019-20. The company had initiated proceedings for an increase in compensation, and the appellate authority ruled in their favor, awarding the enhanced amount. The filing confirms adherence to SEBI's Listing Obligations and Disclosure Requirements.
Key Highlights
- Received ₹6.48 Cr enhanced compensation from NHAI.
- Compensation is for land acquired in FY 2019-20.
- Company won favorable order from appellate authority.
- Filing complies with SEBI LODR regulations.
Price Impact
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