This part appears to be true, and it should ideally reflect in the residual equity value of the company.
Not necessarily. The CAG audit was required to establish whether the company was gold plating the project or not. Court needs to pass it’s opinion on it. Also, certain clauses in the contract may be questioned and revisited in the SC. Only when the contract is upheld in entirety, shall the equity value be realized. How the valuation would realized is a different question - the toll contract till 2031 would not recover it, which is why there has been talk of the landbank being used for a solar project.