Announced Fri, 24 Jul · 18:00 IST
Supreme Court stays Bombay HC deposit order against Kalpataru subsidiary
KALPATARU · price
▲ 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
—1-day move
₹265.85
prior close
₹267.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.2+0.4———————————
Up moveDown movePending
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.