Announced Thu, 10 Sept · 17:13 IST
Supreme Court dismisses RCOM review petitions on spectrum case
RCOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+9.3%1-day move
₹0.97
prior close
₹1.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+1.0+1.0+1.0+9.3+4.1-1.0-5.2-5.2—————
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AI summary
Supreme Court on July 28, 2026 dismissed review petitions filed by RCOM and its subsidiary RTL against the February 13, 2026 judgment in spectrum-related civil appeals. The court found no apparent error in the original ruling and no grounds for review. The order impacts RCOM's ongoing insolvency resolution plan, which involves the sale of spectrum rights. Resolution plan approval remains pending before NCLT Mumbai. RCOM has been under CIRP since June 2019.
Likely market impact
Unfavorable ruling stands, which could delay or affect the spectrum asset sale under RCOM's insolvency resolution plan pending at NCLT.