Aspinwall and Company Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Litigation lossRegulatory & Legal View source PDF Explain this filing

ASPINWALL · price

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

+0.4%Reaction day

₹224.00

prior close

₹224.60

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.2%-0.7% vs market

Diversified peers, median of 12sector+1.7%-1.2% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 1.2 pts less than its Diversified 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

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+1.2-0.7+1.7-1.2

Next day

+2.2+0.6+1.6-0.2+2.4

+3.5+1.7+1.8+0.9+2.6

+3.3+3.0+0.3+2.3+0.9

+4.9+2.8+2.1+3.6+1.3

+1.0+1.3-0.3+3.5-2.5

+4.0+3.6+0.4+3.1+0.8

15d

+8.8+6.4+2.5+6.6+2.3

+1.0+2.3-1.2+0.5+0.5

+12.7+11.4+1.3+2.9+9.9

+11.0+12.6-1.6-2.6+13.7

UpDownMarket · Nifty Microcap 250Sector · Diversified peers, median of 12Pending

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

AI summary

The Hon'ble Supreme Court of India dismissed Aspinwall and Company's Civil Appeal No. 7796 of 2012 on April 13, 2026. The dispute concerned the company's claim to set off accumulated losses of The Pullangode Rubber & Produce Co. Ltd. (amalgamated in 2006) against its agricultural income under the Kerala Agricultural Income Tax Act, 1991. The Supreme Court ruled that such set-off is not permissible under the Act. The financial implication is estimated at ₹58 lakhs plus applicable interest. The company has already made adequate provisions for this liability and expects the cash outflow to be adjusted against pending tax refunds, resulting in minimal net cash impact.

Likely market impact

The litigation loss is already provided for in the company's books, and the actual cash outflow is expected to be minimal due to offset against pending tax refunds. The financial impact on shareholders appears limited.