Bethesda, Maryland, Dec. 20, 2012 (GLOBE NEWSWIRE) -- India Globalization Capital, Inc. (NYSE MKT: IGC) (NYSE Amex: IGC), a company competing in the rapidly growing materials and infrastructure industry in India and China, announced today that a final court ruling has been rendered, in the Company's favor, against the National Highway Authority of India (NHAI), granting an award of $2.2 million (INR 125 million). The claim had been filed by IGC's subsidiary TBL on behalf of a joint venture in which TBL is the 95% partner. The final judgment was passed on December 19, 2012.
Indian Court Awards India Globalization Capital Subsidiary $2.2M
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