Gayatri Projects JV receives claim of Rs. 44 crores from NHAI.

Gayatri Projects Ltd. has announced that one of its JV M/s. Gayatri ECI JV has received INR 44.00 crores from settlement of its claim related to AS11 project with NHAI. Further the JV has also successfully settled another claim of INR 42.00 crores related to AS27 project and expects cash flow in next 30 days. Both these projects were executed by M/s. Gayatri ECI JV. The Company share in the claim is in the ratio 56:44 (Gayatri: ECI)

The company is also at an advance stage of discussion with NHAI pertaining to its settlement of claim for its AS10 project.

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