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

Court Stay ObtainedRegulatory & Legal View source PDF

DELTACORP · price

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▲ 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

+0.1%1-day move

₹71.00

prior close

₹71.20

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.6+0.8+1.5+0.6+0.1+10.6+11.6+9.1+5.4+0.8+3.2-7.0-8.3—

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AI summary

Delta Corp Limited and its subsidiary Highstreet Cruises and Entertainment Private Limited have received a favorable order from the Hon'ble Supreme Court of India. The Court has stayed all further proceedings related to tax notices for alleged short payment of tax. This stay will remain in effect until the final disposal of SLP(C) Nos. 19366-19369/2023 and any tagged matters. This is a continuation of previous disclosures from March 2026 regarding the same tax dispute. The petitions were heard on April 30, 2026, and the case has been adjourned to await the decision in the main SLP matter.

Likely market impact

This stay order provides temporary legal relief to Delta Corp, pausing the tax dispute proceedings. While the underlying case remains pending, shareholders can view this as a short-term positive development as the company avoids immediate enforcement actions related to the tax notices.