Supreme Court stays Bombay HC deposit order against Kalpataru subsidiary

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

KALPATARU · 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

+0.2%Reaction day

₹265.85

prior close

₹267.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-1.2% vs market

Residential Commercial Projects peers, median of 66sector+0.6%-0.4% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.4 pts less than its Residential Commercial Projects 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

+0.2

15m

+0.4

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2+1.3-1.2+0.6-0.4

Next day

+1.6+0.0+1.6+0.2+1.4

+11.9+0.5+11.4+0.3+11.6

+8.9-0.1+9.0-0.5+9.4

+13.1+1.0+12.1+0.3+12.8

+11.7+2.4+9.4+1.1+10.6

+7.6+4.1+3.5+0.8+6.8

15d

+6.3+5.1+1.2+1.3+5.0

+3.4+5.8-2.4+0.4+3.0

+4.4+4.5-0.1-3.5+8.0

-5.2-2.4-2.8-12.7+7.5

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

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

AI summary

Kalpataru subsidiary KRVL got relief from the Supreme Court, which stayed the Bombay High Court order asking KRVL to deposit 50% of the amount assessed by MSEDCL. The Supreme Court directed the High Court to consider interim relief in the Writ Petition and ordered no adverse action against KRVL until that review is complete. The interim order was received by KRVL on July 23, 2026.

Likely market impact

Positive: subsidiary avoids immediate cash outflow and no adverse action in MSEDCL dispute, lowering near-term financial risk for Kalpataru.