Announced Fri, 24 Jul · 18:32 IST
DMART gets Rs 62.14 lakh penalties for construction non-compliance
DMART · 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
—1-day move
₹4020.00
prior close
₹4030.00
base price
After-mkt
timing
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+0.4+0.4+0.3+0.1——————————
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AI summary
NOIDA and PMRDA have imposed penalties of Rs 50 lakh and Rs 12.14 lakh on Avenue Supermarts for non-compliance with construction rules at two project sites. Total penalty comes to Rs 62.14 lakh. The company states there is no material impact on operations or other activities due to these orders.
Likely market impact
Minor financial hit of about Rs 62 lakh; company confirms no material impact on operations. Likely negligible for the stock.