CVD on solar glass imports from Malaysia extended till June 2026

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BORORENEW · price

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

+6.8%Reaction day

₹522.55

prior close

₹526.65

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.3%+5.5% vs market

Industrial Products peers, median of 313sector · industry level+0.6%+6.2% vs sector

On the reaction day the stock moved 5.5 pts more than Nifty Microcap 250 and 6.2 pts more than its Industrial Products 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

-0.4

10m

+0.1

15m

+1.5

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.8+1.3+5.5+0.6+6.2

Next day

+4.7+2.6+2.0+1.4+3.3

+4.5+2.7+1.8+1.5+2.9

+4.3+2.1+2.2+1.5+2.8

+4.9+1.6+3.3+1.1+3.9

+1.8+0.8+1.0+0.5+1.4

+3.7+2.2+1.5+1.6+2.2

15d

-4.7-1.6-3.1-1.7-3.0

-0.9-3.0+2.2-3.1+2.3

-8.5-1.6-6.9-3.2-5.4

-20.0-10.5-9.5-11.6-8.4

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 313Pending

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

AI summary

Ministry of Finance has extended the Countervailing Duty on imports of textured tempered solar glass from Malaysia by three months, now valid until June 8, 2026. The duty was originally imposed in March 2021 for five years and was set to expire on March 8, 2026. The extension allows DGTR to complete its sunset review and a possible continuation or variation in the duty. This protects Borosil Renewables from unfairly priced imports.

Likely market impact

Positive for Borosil. Extended duty shields domestic solar glass makers from cheap Malaysian imports, supporting pricing power until review concludes.