All accused acquitted in 2013 Jamunia mine accident case

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

-3.2%Reaction day

₹41.72

prior close

₹42.16

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-2.6% vs market

Oil Gas & Consumable Fuels peers, median of 39sector · sector level-1.5%-1.7% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 1.7 pts less than its Oil Gas & Consumable Fuels 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

-0.8

10m

-1.4

15m

-1.3

30m

-1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2-0.6-2.6-1.5-1.7

Next day

-5.2-0.9-4.3-1.8-3.3

-5.7+0.1-5.8-2.1-3.6

-6.1+0.3-6.4-2.2-3.9

-3.9+1.2-5.1-1.4-2.5

-6.1+0.8-6.9-1.5-4.6

-9.0+0.3-9.3-2.9-6.0

15d

-12.4-0.2-12.2-2.1-10.3

-15.5+0.6-16.1-0.9-14.6

-17.6+4.7-22.3+1.7-19.3

-23.3+5.4-28.7+5.0-28.3

UpDownMarket · Nifty Microcap 250Sector · Oil Gas & Consumable Fuels peers, median of 39Pending

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

AI summary

A criminal complaint filed in 2014 by the State of Jharkhand against six officials of the Jamunia Open Cast Project, linked to a fatal mine accident on December 10, 2013, has been disposed of. The Dhanbad court on May 6, 2026 acquitted all accused of charges under the Mines Act, 1952. The material litigation disclosed in the IPO offer documents now stands concluded.

Likely market impact

Positive: legal overhang from the offer document litigation is cleared, removing residual risk for shareholders.