GVPILNSEGE Power India Limited· Electrical EquipmentHighNegative
Announced Thu, 28 Aug, 2025 · 17:57 IST

GE Power India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Court Stay ObtainedRegulatory & Legal View source PDFExplain this filing

GVPIL · 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
-2.9%Reaction day
₹348.10
prior close
₹349.90
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-2.7% vs market
Heavy Electrical Equipment peers, median of 27sector+0.0%-2.9% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 2.9 pts less than its Heavy Electrical Equipment 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
5m
+0.6
10m
+0.9
15m
+0.9
30m
+0.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.9-0.2-2.7+0.0-2.9
Next day
-3.6+1.1-4.7+1.7-5.4
2d
+1.7+2.0-0.3+2.9-1.2
3d
+5.5+3.0+2.6+2.9+2.6
4d
+3.5+2.3+1.2+1.7+1.8
5d
+5.2+2.3+2.9+2.2+3.0
1w
+2.0+2.9-0.9+2.0+0.0
15d
+1.9+5.3-3.4+7.3-5.4
1m
-6.4-0.3-6.1-0.4-6.0
2m
-10.9+3.8-14.8+0.6-11.6
3m
+2.8+0.2+2.7-4.5+7.4
UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 27Pending

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

AI summary

GE Power India informed exchanges about the status of petitions it filed before the Delhi High Court against Jaiprakash Power Ventures Limited (JPVL) under Section 9 of the Arbitration and Conciliation Act, 1996. The company was seeking an injunction to stop JPVL from invoking bank guarantees worth about ₹77.49 crore that GVPIL had submitted under their contracts. Initially, the court granted an injunction in GVPIL's favour on August 1 and 4, 2025. In a later hearing, the court appeared inclined to vacate this protection, but allowed GVPIL to deposit ₹77.49 crore with JPVL in exchange for the return of the un-encashed bank guarantees. The petitions have now been disposed of on these terms, and the order was uploaded on the High Court website on August 27, 2025. The company is evaluating further steps.

Likely market impact

Neutral to slightly negative for shareholders — GVPIL secured a modified court order in its favour, but the arrangement means the company must deposit ~₹77.49 crore with the counterparty, tying up working capital. The matter is not fully resolved, and further legal action is being considered.