ITD Cementation India Limited, has received a judgment dated September 20, 2024 ("Judgment") from the Special Judge for Trial and Disposal of Commercial Disputes, Visakhapatnam, partially awarding the Company its various claims in respect of contractual disputes totaling to Rs. 36,13,36,000.00, along with interest at 9 percent per annum from the date of the suit on the sum of Rs.34,51,47,000.00 till 20.09.2024, and further interest at 6 percent from annum thereafter till realization. The Company has also been granted costs (which shall be granted as per the Court rules and regulations).
The Opposite Parties in the suit were: (1) The State of Andhra Pradesh, Rep by its Principal Secretary, the Govt of A.P., Irrigation and C.A.D Department; (2) The Chief Engineer, North Coast, Visakhapatnam, A. P.; (3) The Project Administrator, and Superintending Engineer, Irrigation and C.A.D Department, T.T.P.R. Circle, Vizianagaram, A.P.; and (4) The Executive Engineer., T.B.P. Division No. 1, Parvatipuram, Vizianagaram District, A. P.
Shares of ITD Cementation India Limited was last trading in BSE at Rs. 471.35 as compared to the previous close of Rs. 486.95. The total number of shares traded during the day was 79135 in over 3303 trades.
The stock hit an intraday high of Rs. 489.90 and intraday low of 468.45. The net turnover during the day was Rs. 37655244.00. |
