SAT dismisses Omaxe appeal against SEBI order on financial irregularities

Sebi PenaltySebi InvestigationRegulatory & LegalExplain this filing

OMAXE · price

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

+3.1%Reaction day

₹131.74

prior close

₹125.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+3.7% vs market

Residential Commercial Projects peers, median of 65sector-0.8%+3.8% vs sector

On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 3.8 pts more 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

+2.5

10m

+0.7

15m

+1.3

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.1-0.6+3.7-0.8+3.8

Next day

-3.6+0.0-3.7+0.3-3.9

+3.2+0.7+2.6+0.5+2.7

-1.6+1.1-2.7-0.0-1.6

-3.2+1.6-4.8-0.5-2.6

-7.3+1.5-8.8-1.6-5.7

-6.6+1.4-8.0-2.9-3.7

15d

-10.5+0.4-10.9-2.7-7.8

-19.5-1.4-18.1-4.2-15.4

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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

NSE has asked Omaxe Limited to clarify a news report stating that SAT (Securities Appellate Tribunal) has dismissed the company's appeal against a SEBI order concerning financial statement irregularities. The company's response is awaited. This means the original SEBI order related to financial statement issues stands, and Omaxe's challenge to it has failed at the appellate level.

Likely market impact

Negative. SEBI penalty over financial irregularities confirmed after appeal dismissed. Pending clarification may pressure the stock.