Afcons Infrastructure Limited Receives Penalty Order from Tehsildar, Thane
Mumbai – March 21, 2026 – Afcons Infrastructure Limited announced today that it has received a notice regarding a penalty order from the Tehsildar, Thane, Maharashtra.The penalty of ₹1.84 crore relates to alleged irregularities concerning earth excavation and removal activities in the Balkum area, pertaining to the MML5 project. The order was received on March 18, 2026. According to Afcons Infrastructure Limited, the delay in disclosure was due to the translation of the order from Marathi to English to evaluate the details of the matter.Currently, the company states there is no financial impact on operations and intends to contest the order by filing an...