Kolkata, February 15, 2026 – Soma Textiles & Industries Ltd. (NSE: SOMATEX | BSE: 521034) informed that the Hon’ble Supreme Court of India has directed the National Highways Authority of India to deposit 50 percent of an arbitration award amounting to ₹1,197.72 crore, including interest, in a matter involving its promoter and holding company, Roadways Solutions India Infra Limited.
The order, dated February 9, 2026, pertains to disputes arising from a Concession Agreement dated June 22, 2021 relating to the Vadodara–Mumbai Expressway Project, Packages VIII and IX. The arbitration award of ₹1,019.02 crore, along with interest aggregating to ₹1,197.72 crore as of February 9, 2026, had earlier been challenged before the Hon’ble Delhi High Court.
Supreme Court Order: Key Financial Directions
The Supreme Court has directed NHAI to deposit 50 percent of the total awarded amount before the Registry of the Hon’ble Delhi High Court within eight weeks from the date of the order.Upon such deposit, Roadways Solutions India Infra Limited will be permitted to withdraw the amount subject to furnishing an irrevocable and unconditional bank guarantee to the satisfaction of the Registrar General of the Hon’ble Delhi High Court.
The remaining 50 percent of the awarded amount will be subject to the outcome of the final hearing scheduled before the Delhi High Court on July 14, 2026.
Arbitration Award Details
| Particulars | Amount (₹) |
|---|---|
| Principal Award | 1,019,02,63,440 |
| Total with Interest (as on Feb 9, 2026) | 1,197,72,60,596 |
| 50% Deposit Directed | Approximately 598,86,30,298 |
Timeline of Proceedings
| Event | Date |
|---|---|
| Concession Agreement | June 22, 2021 |
| Arbitral Award | August 1, 2025 |
| Supreme Court Order | February 9, 2026 |
| Intimation Received by Company | February 14, 2026 |
| Final Hearing Before Delhi High Court | July 14, 2026 |
No Direct Impact on Soma Textiles
Soma Textiles & Industries Ltd. clarified that it is not a party to the arbitration proceedings. The dispute involves Roadways Solutions India Infra Limited, the company’s promoter and holding company, and the National Highways Authority of India.The company stated that, based on currently available information, the Supreme Court’s order does not have any direct material impact on its financial or operational activities.
The disclosure was made after the company received information regarding the order on February 14, 2026.
About Soma Textiles & Industries Ltd.
Soma Textiles & Industries Ltd. is engaged in textile manufacturing and is listed on both the National Stock Exchange of India and BSE Limited. Incorporated in 1940, the company operates from its registered office in Kolkata, with corporate offices in Mumbai and Ahmedabad.Source:
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