Corporate News     27-Jun-14
Nelco receives Rs 13.03 crore
From Jawaharlal Nehru Port Trust
Nelco announced that the arbitration proceedings were filed by the Company in the year 2006 against Jawaharlal Nehru Port Trust (JNPT) for enforcement of Company's claims. The Arbitration award was passed in favour the Company on 06 February 2012. The said award, however, was challenged by JNPT in the Hon'ble Bombay High Court which dismissed the plea of JNPT on 06 February 2014 and awarded costs to the Company.

On demand for payment of said claims, JNPT has paid a sum of Rs 13.03 crore to the Company as the decretal dues (including interest and costs).

Previous News
  NELCO consolidated net profit rises 4.66% in the December 2020 quarter
 ( Results - Announcements 29-Jan-21   08:01 )
  Brightcom Group Ltd Slips 4.95%, S&P BSE IT Sector index Shed 2.25%
 ( Hot Pursuit - 17-Jun-22   09:45 )
  NELCO Ltd leads gainers in 'A' group
 ( Hot Pursuit - 29-Jun-21   12:00 )
  NELCO announces board meeting date
 ( Corporate News - 06-Oct-23   10:03 )
  NELCO to convene board meeting
 ( Corporate News - 15-Apr-22   10:54 )
  NELCO consolidated net profit rises 49.78% in the December 2017 quarter
 ( Results - Announcements 07-Feb-18   16:07 )
  NELCO to hold board meeting
 ( Corporate News - 12-Jul-17   10:42 )
  Nelco Q1 PAT climbs 21% YoY to Rs 6 cr
 ( Hot Pursuit - 20-Jul-23   15:30 )
  NELCO consolidated net profit rises 21.40% in the June 2023 quarter
 ( Results - Announcements 20-Jul-23   14:41 )
  NELCO reports net loss of Rs 4.32 crore in the June 2011 quarter
 ( Results - Announcements 10-Aug-11   20:17 )
  NELCO consolidated net profit rises 45.10% in the September 2020 quarter
 ( Results - Announcements 05-Nov-20   08:02 )
Other Stories
  Lippi Systems AGM scheduled
  28-Sep-24   17:48
  SPS Finquest to convene AGM
  28-Sep-24   17:48
  Emmforce Autotech to hold AGM
  28-Sep-24   17:48
  Purohit Construction to convene AGM
  28-Sep-24   17:48
  Rotographics (India) schedules AGM
  28-Sep-24   17:47
  Jupiter Infomedia to convene AGM
  28-Sep-24   17:47
  SRG Securities Finance AGM scheduled
  28-Sep-24   17:47
  Manoj Ceramic to conduct AGM
  28-Sep-24   17:47
  Sical Logistics to hold AGM
  28-Sep-24   17:47
  Galaxy Agrico Exports to conduct AGM
  28-Sep-24   17:46
Back Top