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

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

+5.4%Reaction day

₹106.96

prior close

₹110.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.2%+4.2% vs market

Iron & Steel Products peers, median of 91sector+0.9%+4.5% vs sector

On the reaction day the stock moved 4.2 pts more than Nifty Microcap 250 and 4.5 pts more than its Iron & Steel 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+5.4+1.2+4.2+0.9+4.5

Next day

+1.4+0.1+1.3-0.0+1.4

+1.5+0.9+0.6+0.0+1.4

+0.6+0.8-0.2-0.2+0.7

-0.4+1.4-1.9+0.3-0.8

-1.4+2.0-3.4-0.1-1.2

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15d

+6.2+5.2+1.0+1.5+4.7

+14.0+1.6+12.4+1.3+12.7

+8.9+7.7+1.2+5.3+3.5

-5.1+4.0-9.1-0.4-4.8

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 91Pending

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

AI summary

Electrosteel Castings has received a Provisional Compensation Order dated 15 May 2025 from the Ministry of Coal, Government of India, in connection with the Parbatpur Central Coal Mine under the Coal Mines (Special Provisions) Act, 2015. The order estimates Rs. 498.72 Crore as compensation payable to the Company towards the Cost of Geological Report, Cost of Consent, Land and Mine Infrastructure owed to prior allottees. The Company states this amount will have a material impact on its financials, though the final determination of the total compensation is still pending. The Company will inform the exchange once the final order is received.

Likely market impact

This is a positive development for shareholders — the Company stands to receive a sizeable compensation of nearly Rs. 499 Crore from the Government for a coal mine-related claim, which could strengthen its balance sheet once finalised. Investors should note that the amount is still provisional and the final order may vary.