REG - Noida Toll Bridge Co - Update re Court Ruling <Origin Href="QuoteRef">NOID.NS</Origin>
RNS Number : 7704NNoida Toll Bridge Co. Ltd.28 October 2016Noida Toll Bridge Company Limited
("NTBCL" or the "Company")
Regd. Office: Toll Plaza, DND Flyway, Noida 201 301, Uttar Pradesh, India
Update re Court Ruling
Further to the announcement dated 26 October 2016, the Company has filed an appeal before the Hon'ble Supreme Court of India against the judgement of the Hon'ble High Court of Allahabad in case of FONRWA Vs NTBCL that had been delivered on 26 October 2016.
The Appeal has been admitted today by the Hon'ble Supreme Court of India and an interim order is expected to be delivered after the Hon'ble Supreme Court resumes after the Diwali break.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further details please contact:
Noida Toll Bridge Company Limited
Harish Mathur
00 91 120 2516380
Cairn Financial Advisers LLP
Sandy Jamieson, Emma Earl
00 44 207 213 0880
About the Company:
NTBCL is a special purpose vehicle promoted by Infrastructure Leasing and Financial Services Limited, a specialist financial institution focusing on the development and financing of infrastructure, to construct and operate the Delhi Noida Toll Bridge on a build, own, operate and transfer basis. The Delhi Noida Toll Bridge is a tolled facility connecting Noida to South Delhi across the Yamuna River. The Company's principal business is operating the bridge and the Company generates revenues mainly through the levy of toll charges on users of the bridge.
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCAKFDNBBDDFKB
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