Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
MAFATIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.6 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Mafatlal Industries has received a notice from the Central Ground Water Authority (CGWA) directing it to pay Rs. 8.63 Crore as environmental compensation related to groundwater abstraction at its Nadiad, Gujarat unit. CGWA has alleged that the company filed its No Objection Certificate (NOC) application after the prescribed timeline, attracting the compensation under applicable guidelines. The notice was received on 9th June 2026 and disclosed to the stock exchange on 10th June 2026. The company is examining the notice and plans to contest it through legal remedies and representations before the authority. Management has stated it does not foresee any material impact on financials or operations, except for a possible contingent liability disclosure in financial statements.
The Rs. 8.63 Crore demand is a small amount relative to a large listed entity and is being contested, so near-term share price impact is expected to be limited. Investors should watch for updates on the legal outcome and any contingent liability disclosures in upcoming quarterly results.