Intimation under reg.30-Enhanced Compensation

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.5%1-day move

₹23.96

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-1.5+0.0+1.0-0.1+1.2+0.2-7.1-6.1——

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AI summary

Prakash Woollen & Synthetic Mills Ltd has received enhanced compensation of Rs. 6,48,05,244 (approximately Rs. 6.48 crore) from the National Highways Authority of India (NHAI) for land acquired by NHAI in FY 2019-20. The company had filed proceedings seeking higher compensation, and the appellate authority has ruled in its favour, awarding the enhanced amount. The disclosure is being made under Regulation 30 of SEBI Listing Obligations. The company manufactures and exports mink blankets and is listed on BSE with scrip code 531437.

Likely market impact

This is a positive one-time cash inflow of about Rs. 6.48 crore for the company, boosting liquidity. However, the amount is relatively small compared to typical corporate operations, so the impact on the stock price is likely to be limited unless the company signals a specific deployment plan for the funds.