SAT dismisses Omaxe appeal against SEBI order

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OMAXE · price

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▲ 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

-6.5%Reaction day

₹135.81

prior close

₹133.58

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-7.1% vs market

Residential Commercial Projects peers, median of 65sector+0.7%-7.3% vs sector

On the reaction day the stock moved 7.1 pts less than Nifty Microcap 250 and 7.3 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

Stock

-0.4

10m

-2.2

15m

-3.2

30m

-3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.5+0.6-7.1+0.7-7.3

Next day

+0.1+1.3-1.1+0.9-0.8

-4.6+1.7-6.3+0.9-5.5

-6.1+2.2-8.3+0.0-6.1

-10.1+2.1-12.2-0.4-9.7

-10.0+1.9-11.9-1.0-9.0

-13.1-1.3-11.8-4.7-8.4

15d

-12.9+1.3-14.2-2.0-10.8

-21.9-0.8-21.1-3.2-18.8

—————

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 65Pending

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

AI summary

SAT (Securities Appellate Tribunal) dismissed Omaxe's appeal against a SEBI order dated July 30, 2024. The original SEBI order alleged violations of SEBI LODR Regulations, Listing Agreement, PFUTP Regulations, SEBI Act, Companies Act, and Accounting Standards. No costs were awarded. The company is evaluating further legal remedies. No additional material financial or operational impact beyond what was already disclosed.

Likely market impact

Negative - SEBI order against the company is upheld by SAT. Company may pursue further legal options. Already factored into past disclosures.