The Orissa Minerals Development Company Limited has informed the Exchange about General Updates

Litigation lossRegulatory & Legal View source PDF Explain this filing

ORISSAMINE · 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

-3.5%Reaction day

₹4219.80

prior close

₹4214.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-3.2% vs market

Industrial Minerals peers, median of 13sector-1.6%-1.9% vs sector

On the reaction day the stock moved 3.2 pts less than Nifty Microcap 250 and 1.9 pts less than its Industrial Minerals 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

-0.9

10m

-1.3

15m

-1.5

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.5-0.4-3.2-1.6-1.9

Next day

-5.3-1.7-3.6-3.9-1.4

-4.4-1.3-3.1-4.4+0.0

-4.7-0.7-4.0-2.4-2.3

-4.1+0.4-4.5-2.8-1.3

-4.2+0.5-4.7-1.7-2.4

-1.9+2.8-4.8-1.5-0.4

15d

-6.4+1.2-7.6-3.1-3.3

-4.9+5.3-10.3+0.5-5.4

-11.5+9.9-21.4-5.8-5.7

+15.4+13.1+2.3-8.4+23.8

UpDownMarket · Nifty Microcap 250Sector · Industrial Minerals peers, median of 13Pending

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

AI summary

The Orissa Minerals Development Company Limited (OMDC) has disclosed that two Special Leave Petitions filed by the company against Jai Balaji Industries Ltd (JBIL) before the Supreme Court of India were dismissed on 08.05.2026. The SLPs (Diary Nos. 73842/2025 and 73816/2025) challenged a December 2025 judgment by the Calcutta High Court Division Bench in FMA 939/2012 and FMA 941/2012. The Supreme Court found no sufficient grounds to interfere with the lower court's ruling and dismissed both petitions. OMDC received the order on 13.05.2026. The company was represented by the Additional Solicitor General and a legal team during the proceedings.

Likely market impact

The dismissal is negative for OMDC as the original High Court judgment now stands unresolved. This could have financial and operational implications depending on the subject matter of the original case between the two parties.