Litigation Update / Arbitral Award
Enviro Infra Engineers Receives ₹8.65 Crore Arbitral Award Against HSIIDC
NSE
eiel
BSE
544290
Enviro Infra Engineers Limited has received a favorable arbitral award aggregating approximately ₹8.65 crore, including interest and litigation costs, in arbitration proceedings against Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC). The award relates to recovery of dues for two Common Effluent Treatment Plant (CETP) projects at Faridabad and Rohtak.
PRICE-SENSITIVE TRIGGER
Event: Company received favorable arbitral award in litigation proceedings
Type: Litigation Update / Arbitral Award
Impact: Positive
Immediate Effect: The arbitral award strengthens potential recovery of outstanding dues and may improve future cash flow realization for the company
Key Metrics:
- Total Arbitral Award Value: Approximately ₹8.65 Crore
- Faridabad Project Award Amount: ₹4.75 Crore
- Rohtak Project Award Amount: ₹3.35 Crore
- Interest Awarded: 16% per annum simple interest from 01-01-2026
- Legal Cost Recovery: ₹14 Lakh per reference case
- Project Type: Common Effluent Treatment Plants (CETP)
- Operation & Maintenance Period: 120 Months
Highlight:
- Company secured favorable arbitral award against HSIIDC.
- Award includes principal claims, interest, and litigation cost recovery.
- Arbitration proceedings concluded in favor of Enviro Infra Engineers.
- Recovery relates to Faridabad and Rohtak CETP infrastructure projects
What Happened ?
Enviro Infra Engineers received a favorable arbitral award against HSIIDC in relation to unpaid dues from two CETP projects executed in Faridabad and Rohtak. The award includes principal claims, interest, and litigation cost recovery.
key highlights
Arbitration Award Details:
- Arbitration initiated in 2022 before DIAC.
- Faridabad project award: ₹4.75 crore.
- Rohtak project award: ₹3.35 crore.
- Interest awarded at 16% simple interest from 01-01-2026.
- Legal costs of ₹14 lakh awarded per reference.
- Proceedings now concluded.
Note:
- Favorable arbitral awards can improve receivable recovery prospects and reduce legal uncertainty for infrastructure and EPC companies
Risk Analysis
Key Risks
- Delay in payment execution may prolong receivable realization.
- Counterparty may challenge the arbitral award legally.
- Recovery timelines in infrastructure disputes can remain lengthy.
- Interest accrual realization depends on final settlement execution
Worst Case Scenario
- If the award is challenged or delayed in enforcement, the company may face prolonged litigation and slower cash flow recovery
Risk Level: Medium
Company Commentary
- Signed arbitral award copy received on 06-05-2026.
- Disclosure made under Regulation 30 of SEBI LODR.
- Company stated proceedings have concluded and liabilities determined
Official Exchange Filing: Enviro Infra Engineers Limited