KALPATARU

29 June 2025 📉 Subsidiary WEPL received an Intention to issue Termination Notice from NHAI over alleged contractual defaults. WEPL maintains this will not materially impact financials, citing earlier favorable arbitration. 🗓️ 27 June 2025 ⚠️ NHAI issued a default notice to WEPL with a ₹351.46 Cr claim. WEPL disputes the claim and asserts no significant financial effect. 🗓️ 4 Nov 2024 📩 NHAI filed a petition challenging the earlier arbitration award in WEPL’s favor. Intimation received on 30 Oct 2024. 🗓️ 1 Aug 2024 ✅ WEPL received a favorable arbitration award against NHAI. The awarded claim, once realized, is expected to be material.