Court dismisses Delta Corp's writ petition for slot machine license at Deltin Hotel

Litigation LossRegulatory & Legal View source PDF Explain this filing

DELTACORP · price

Loading chart…

▲ 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

-2.5%Reaction day

₹72.80

prior close

₹72.74

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-2.1% vs market

Leisure Services peers, median of 82sector · industry level-0.7%-1.8% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.8 pts less than its Leisure Services 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

-1.4

10m

-1.5

15m

-2.6

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.5-0.4-2.1-0.7-1.8

Next day

-2.5+1.1-3.6+0.2-2.7

-2.3+1.0-3.4-0.3-2.0

+7.8+2.6+5.2+1.1+6.7

+8.8+4.2+4.6+1.2+7.7

+6.4+4.2+2.3+1.2+5.2

-1.0-0.5-0.5-2.6+1.6

15d

-0.1+0.9-1.1-3.4+3.2

-10.2+1.5-11.6-4.7-5.5

-12.9+9.1-22.0-2.4-10.6

-14.9+8.1-23.0-3.4-11.6

UpDownMarket · Nifty Microcap 250Sector · Leisure Services peers, median of 82Pending

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

AI summary

Bombay High Court has dismissed Delta Corp's writ petition (No. 317 of 2019) seeking a license under Section 13A of the Goa, Daman and Diu Public Gambling Act, 1976 to install electronic amusement/slot machines at the Deltin Hotel in Goa. The order was passed on April 29, 2026. The company has stated it is evaluating further legal options. This filing is an update to a prior disclosure made on December 13, 2018.

Likely market impact

Unfavorable ruling for Delta Corp's gaming expansion; company may appeal, but near-term prospects for slot machines at Deltin Hotel dim.