SPML Infra Wins Arbitration Award Worth ₹21.61 Crores
SPML Infra Limited has won an arbitration award worth ₹21.61 crores, representing a significant legal victory for the infrastructure company. This successful arbitration outcome demonstrates the company's effective pursuit of disputed amounts through legal channels and could potentially strengthen its financial position.
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SPML Infra Limited has secured a significant arbitration award worth ₹21.61 crores, marking an important legal victory for the infrastructure development company.
Arbitration Award Details
The company has successfully won the arbitration proceedings, resulting in a substantial financial award. The arbitration process has concluded in favor of SPML Infra, with the awarded amount totaling ₹21.61 crores.
| Parameter: | Details |
|---|---|
| Award Amount: | ₹21.61 crores |
| Resolution Method: | Arbitration |
| Outcome: | Favorable to SPML Infra |
Significance for the Company
This arbitration victory represents a positive development for SPML Infra Limited, as it demonstrates the company's ability to successfully pursue legal remedies and recover disputed amounts. The substantial award amount could potentially contribute to strengthening the company's financial position.
The successful resolution through arbitration also reflects the company's commitment to protecting its interests through appropriate legal channels when disputes arise in the course of business operations.
Historical Stock Returns for SPML Infra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.03% | -0.55% | -8.56% | -42.54% | -20.64% | +1,018.31% |
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