Supreme Court dismisses RCOM review petitions on spectrum case

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Price reactionminutes from the announcement price · days from the prior close

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Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+4.0% vs market

On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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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.