BSEHindustan Motors Ltd· AutomobilesHighNegative
Announced Thu, 5 Jun, 2025 · 15:19 IST

DISCLSOURE UNDER REGULATION 30

Litigation LossRegulatory & Legal View source PDFExplain this filing

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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
-2.4%Reaction day
₹31.55
prior close
₹30.80
announcement price
In-mkt
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Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-2.9% vs market
Passenger Cars & Utility Vehicles peers, median of 6sector-0.1%-2.3% vs sector

On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 2.3 pts less than its Passenger Cars & Utility Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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

AI summary

Hindustan Motors has informed stock exchanges that the Calcutta High Court has rejected its appeal against the West Bengal Land Reform and Tenancy Tribunal's order, which had upheld the West Bengal government's move to resume the company's land at Uttarpara, West Bengal. The judgment was delivered on May 22, 2025. In response, the company filed a Special Leave Petition (SLP) before the Supreme Court of India on May 24, 2025, challenging the High Court order. The certified copy of the judgment is awaited.

Likely market impact

This is a negative legal development as the company has lost at the High Court level in a significant land-related dispute. However, the matter is now before the Supreme Court, so the final outcome is still pending. Shareholders should watch this closely, as losing the SLP could result in loss of valuable land assets in Uttarpara.