Ahluwalia Contracts India Ltd. receives arbitration award of Rs. 31 crore.

Ahluwalia Contracts India Ltd. has received an Award pronounced by Arbitral Tribunal of Sole Arbitrator against contract pertaining to Renovation of SPM Swimming Pool Complex, New Delhi for an amount of Approx. Rs. 31 Crores (Rupees Thirty one crores only) plus interest. The Award is subject to challenge by the opposite party within the prescribed period provided in the Arbitration and Conciliation Act 1996 (Amended).

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