Just to add to the above post, I was going through the prospectus – link
http://www.arvindinfrastructure.com/IM-Arvind%20Infrastructure%20Limited-24.8.15-Compressed.pdf
and found the following table
A classification of these legal and other proceedings are given in the following table:
Particulars Criminal proceedings Civil proceedings Tax Total amount involved Cr
Against our
company 1 2 3 0.79
- Amount quantified in case of tax matters only wherever possible. For the purpose of quantifying the amount
involved, we have only considered the financial implication of litigation.
Any insights on whether these legal proceedings are with respect to any of the ongoing projects of AIL ?
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