Khadim wins arbitration; receives Rs 31.97 cr from SSAA Punjab

Arbitration wonRegulatory & Legal View source PDF Explain this filing

KHADIM · price

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

+4.1%Reaction day

₹108.89

prior close

₹110.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+4.4% vs market

Footwear peers, median of 8sector-0.2%+4.4% vs sector

On the reaction day the stock moved 4.4 pts more than Nifty Microcap 250 and 4.4 pts more than its Footwear 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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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+4.1-0.2+4.4-0.2+4.4

Next day

+7.4+0.1+7.4-0.9+8.4

+6.7+0.4+6.3-2.0+8.7

+8.8-0.6+9.4-1.8+10.6

+6.6-1.2+7.8-2.8+9.4

+4.9-0.6+5.5-3.7+8.5

+6.5+0.5+6.0-2.5+9.1

15d

+15.6-0.2+15.8-4.9+20.4

+8.4-1.5+9.8-7.3+15.6

+10.2-8.0+18.2-15.1+25.3

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UpDownMarket · Nifty Microcap 250Sector · Footwear peers, median of 8Pending

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

AI summary

Khadim won its long-pending arbitration against Samagra Shiksha Abhiyan Authority Punjab over a school shoes and uniform tender dispute. The Punjab and Haryana High Court on May 5, 2026 confirmed the original Arbitral Award of June 27, 2022 in Khadim's favour, overturning a District Court order that had gone against the company. Khadim has now received about Rs 31.97 crore along with applicable interest and related dues from the authority.

Likely market impact

Positive for shareholders — about Rs 31.97 crore plus interest recovered, improving cash flow and closing a multi-year legal dispute in Khadim's favour.