Acme Solar Holdings Limited has informed the Exchange about Update on show cause cum demand notice

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

ACMESOLAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-0.4%Reaction day

₹297.50

prior close

₹299.10

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.8%-1.3% vs market

Power Generation peers, median of 28sector+0.2%-0.7% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Smallcap 250 and 0.7 pts less than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.0

10m

-1.2

15m

-1.3

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4+0.8-1.3+0.2-0.7

Next day

+2.2+1.9+0.3+2.4-0.2

+4.2+1.3+2.9+1.5+2.7

+2.3+0.2+2.1+0.3+2.1

+3.9+2.0+1.9+3.6+0.3

+2.9+2.1+0.8+4.2-1.3

+1.3+2.1-0.8+1.5-0.2

15d

-5.5+2.5-8.0-2.2-3.4

-5.2+2.5-7.8-2.6-2.6

+18.0+9.0+9.0-4.7+22.7

+25.3+10.5+14.8-7.1+32.4

UpDownMarket · Nifty Smallcap 250Sector · Power Generation peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Acme Solar Holdings Limited has received an interim stay order from the Hon'ble High Court of Rajasthan dated April 20, 2026. The court stay halts the operation and effect of a show cause cum demand notice (SCN) that was issued by GST authorities. This is an update to previous intimations filed on March 29, 2026 and April 13, 2026. The interim stay remains in effect until further orders from the court. The company disclosed this update as required under SEBI Listing Regulations.

Likely market impact

The court-granted interim stay provides temporary relief from the GST demand, which is a positive short-term development for the company. However, the underlying GST liability dispute remains unresolved pending further court orders.