Court restricts new allotments in Oberoi Realty's Three Sixty North project

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

OBEROIRLTY · price

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

+0.4%Reaction day

₹1867.40

prior close

₹1871.70

announcement price

In-mkt

timing

Nifty Midcap 150market+1.4%-1.0% vs market

Residential Commercial Projects peers, median of 64sector+1.2%-0.7% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Midcap 150 and 0.7 pts less than its Residential Commercial Projects 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.4+1.4-1.0+1.2-0.7

Next day

+2.3+2.8-0.5+3.3-1.0

+3.3+2.8+0.5+3.5-0.2

+2.7+2.3+0.4+2.2+0.5

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15d

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-9.0-4.1-4.9-6.7-2.4

UpDownMarket · Nifty Midcap 150Sector · Residential Commercial Projects peers, median of 64Pending

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AI summary

Oberoi Realty clarified that the Punjab and Haryana High Court has temporarily restricted the company from making fresh allotments in its Three Sixty North project in Gurugram till a complaint is decided, with a hearing set for July 20, 2026. The order arose from a writ petition by Advance India Projects Limited. The company said existing sales are not affected, there is no stay on construction, and the order has no adverse material impact on business or operations. Oberoi will pursue further legal action.

Likely market impact

Short-term sentiment may weaken on allotment restrictions, but company states no material impact on business, existing sales, or construction.