CPCB orders closure of Kalyani Steels Karnataka plant

Regulatory & Legal View source PDF Explain this filing

KSL · price

Loading chart…

▲ 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

-1.7%Reaction day

₹922.00

prior close

₹933.55

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-2.3% vs market

Iron & Steel Products peers, median of 100sector-0.1%-1.6% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 1.6 pts less than its Iron & Steel Products 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

+0.6

10m

+0.3

15m

+0.6

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7+0.6-2.3-0.1-1.6

Next day

-0.4+0.2-0.6-0.3-0.2

-0.1-0.9+0.8-0.4+0.3

+0.5-0.3+0.8-0.5+1.1

-2.4+0.0-2.4-0.9-1.5

-3.0-1.1-1.8-0.9-2.0

-3.0-1.4-1.6-1.8-1.2

15d

-4.2+2.7-6.9-0.9-3.3

-10.2+3.6-13.8-2.1-8.1

+0.8+2.0-1.1-0.9+1.7

+2.2+1.1+1.1+0.0+2.2

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 100Pending

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

AI summary

CPCB has directed Kalyani Steels to close operations at its Hospet Road plant in Koppal, Karnataka. The company disclosed this under SEBI LODR Regulation 30 on July 13, 2026 with a delay. BSE asked for additional details; the company clarified the delay was inadvertent and requested condonation.

Likely market impact

Plant closure in Karnataka may hit production and revenue until the matter is resolved with pollution authorities.