Cemindia Projects Legal & Regulatory
Cemindia Projects has withdrawn its execution petition against Baya Weaver Ltd and Saya Cementation Ltd, with liberty to file it afresh. No material financial impact exists.
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Cemindia Projects has withdrawn its execution petition against Baya Weaver Ltd and Saya Cementation Ltd, with liberty to file it afresh. No material financial impact exists.
Cemindia Projects Limited received a GST demand order for ₹2.49 Crore including tax and penalty. The company plans to appeal the order.
Cemindia Projects Limited received a GST demand order for ₹1.24 Crore from the Assistant Commissioner, Ahmedabad. The company plans to file an appeal against the order.
Cemindia Projects Limited received a GST demand order of ₹1.24 Crore tax and ₹1.24 Crore penalty. The company plans to appeal the order.
Cemindia Projects Limited reported that the State ACB has filed a Criminal Revision Case in the AP High Court, challenging the company's prior discharge order.
Cemindia Projects Limited disclosed an arbitration award where its JV was granted ₹213.41 Crore (plus interest and GST) by the tribunal, with the opposing counter-claim rejected.
Cemindia Projects Limited has initiated arbitration proceedings against Inland Waterways Authority of India, claiming approximately ₹130 Crore for unresolved project payments.
Cemindia Projects Limited and a former employee were discharged from a criminal bribery case by a Vijayawada court. This legal resolution removes potential litigation risks.