NCC Limited has secured interim relief from the Delhi High Court in its legal challenge against the debarment order issued by the National Highways Authority of India (NHAI). The development provides temporary protection to the construction major while it pursues further legal remedies.

Court Grants Interim Protection

The Delhi High Court has granted interim protection to NCC Limited by staying the NHAI debarment order until March 10, 2026. This decision came after the company filed a writ petition challenging the debarment order issued by the highway authority.

Company's Legal Strategy

Following the court's interim order, NCC Limited is taking necessary steps to approach appropriate forums for further relief in the matter. The company's proactive legal approach demonstrates its commitment to challenging the debarment decision through proper judicial channels.

Regulatory Compliance

The update was shared with stock exchanges in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's earlier communications regarding the same matter.

Next Steps

With the interim protection valid until March 10, 2026, NCC Limited has a window of opportunity to pursue further legal remedies. The company's ability to secure this interim relief indicates the court's willingness to examine the merits of the case while providing temporary protection from the debarment order's immediate effects.

NCC Limited has announced the sad demise of Sri N Bangar Raju, Senior Executive Vice President (Commercial), who passed away on February 15, 2026. The company informed stock exchanges about this development through a regulatory filing under Regulation 30 of SEBI Listing Regulations on February 16, 2026.

Senior Leadership Loss

Sri Bangar Raju had been associated with NCC for over three decades, serving as an integral member of the leadership team. The company described his sudden demise as an irreparable loss, reflecting his significant contribution to the organization throughout his long tenure with the construction major.

Regulatory Compliance Details

The disclosure was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Sisir K Mishra signed the intimation letter sent to both National Stock Exchange of India Limited and BSE Limited.

Impact on Organization

The company emphasized that Sri Bangar Raju's sudden demise represents an irreparable loss to NCC Limited. His extensive experience spanning more than 30 years with the organization positioned him as a key figure in the company's commercial operations and strategic decision-making processes.

The regulatory filing was completed as per SEBI Master Circular requirements on Listing Regulations, ensuring full compliance with disclosure norms for changes in senior management personnel.