Reversal of interest receivable from overseas subsidiaries

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ELGIRUBCO · price

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▲ 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

-0.3%Reaction day

₹59.19

prior close

₹58.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-0.5% vs market

Rubber peers, median of 9sector+1.1%-1.4% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 1.4 pts less than its Rubber 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

+2.0

10m

+1.9

15m

+1.8

30m

+2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.2-0.5+1.1-1.4

Next day

+1.5+0.2+1.2-0.0+1.5

+1.3+0.4+0.9-0.6+1.9

-2.1+0.7-2.8+0.2-2.3

-4.0+0.1-4.1-0.1-3.8

+1.8+0.7+1.1+1.0+0.8

+1.2+1.2+0.0-1.5+2.7

15d

-0.1+0.7-0.8-4.4+4.3

-6.2-1.2-5.0-7.6+1.4

-7.2-1.1-6.1-8.2+1.0

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UpDownMarket · Nifty Microcap 250Sector · Rubber peers, median of 9Pending

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

AI summary

Elgi Rubber Company has informed the exchange about the reversal of interest receivable from its overseas wholly owned subsidiaries. The interest was recognized during the quarter ended June 30, 2026 (Q1 FY27). This accounting adjustment reflects the company's revised expectation of recovering dues from its foreign subsidiaries and will reduce reported earnings for the quarter.

Likely market impact

Negative for Q1 earnings; signals caution over recovery of dues from overseas subsidiaries