Update under Regulation 30 of SEBI (LODR) Regulations, 2015 Order received from CESTAT

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹4659.00

prior close

₹4630.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-3.1%+3.7% vs market

Chemicals & Petrochemicals peers, median of 197sector · industry level-2.7%+3.3% vs sector

On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 3.3 pts more than its Chemicals & Petrochemicals 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

+0.4

10m

-0.4

15m

-1.0

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6-3.1+3.7-2.7+3.3

Next day

-1.7-2.4+0.8-2.8+1.2

-0.2-2.2+1.9-1.8+1.6

+0.2-2.5+2.7-2.7+2.8

-0.2-3.8+3.7-3.8+3.6

-0.7-3.4+2.7-3.4+2.7

+1.1-1.8+2.9-3.0+4.1

15d

+12.3+0.1+12.2-3.2+15.5

+11.2+1.2+10.0-2.9+14.1

+82.5+7.9+74.6-0.9+83.5

+142.2+10.3+131.9+1.1+141.1

UpDownMarket · Nifty Microcap 250Sector · Chemicals & Petrochemicals peers, median of 197Pending

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

AI summary

Keltech Energies Ltd has received a favourable order from CESTAT (Customs, Excise and Service Tax Appellate Tribunal). The tribunal allowed the company's appeal and set aside the order of the lower authority. Originally, the company had received a notice from the Commissioner of Customs imposing a penalty of Rs. 13,75,43,257 (approximately Rs. 13.75 crore) related to the import of Ammonium Nitrate. The company had filed an appeal against this penalty, which has now been overturned. According to the disclosure, there is no further liability arising from this matter.

Likely market impact

Positive development for shareholders as the substantial customs penalty of Rs. 13.75 crore has been completely set aside, removing a significant financial liability from the company's books.