Material litigation under Regulation 30(4) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') - Update

Court Stay ObtainedRegulatory & Legal View source PDF

JSWENERGY · price

Loading chart…

▲ 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

+2.7%1-day move

₹562.00

prior close

₹567.60

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.8-0.4-0.9-0.7+2.7+2.3-0.7-7.4-9.3-8.5+7.6+0.5-2.5—

Up moveDown movePending

AI summary

JSW Energy received a Supreme Court order dated 30th April 2026 in a dispute with Maharashtra State Electricity Distribution Company Limited (MSEDCL) over tariff payments for its Ratnagiri power unit. The Hon'ble Supreme Court directed MSEDCL to make an interim part payment of Rs 250 crores to the Company and requested APTEL to re-hear the interim application filed by MSEDCL. This disposal follows an earlier MERC order (December 2025) that rejected MSEDCL's contention regarding applicability of Central Government directions under Section 11 of the Electricity Act, 2003, and directed MSEDCL to pay tariff as per the Power Purchase Agreement with applicable Late Payment Surcharge. The dispute is ongoing at the APTEL level.

Likely market impact

Positive for JSW Energy as the Supreme Court has secured an interim payment of Rs 250 crores, though the broader tariff dispute remains unresolved pending APTEL's rehearing.