Religare: SAT dismisses appeal against SEBI order

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RELIGARE · 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

-0.8%Reaction day

₹251.24

prior close

₹249.78

announcement price

After-mkt

timing

Nifty Microcap 250market-0.6%-0.2% vs market

Investment Company peers, median of 63sector-0.2%-0.6% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.6 pts less than its Investment Company 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

-1.4

10m

-1.5

15m

-1.6

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-0.6-0.2-0.2-0.6

Next day

+0.2+0.0+0.2-0.1+0.3

+1.9+0.7+1.2+0.1+1.8

+1.5+1.1+0.4+0.0+1.5

+1.5+1.6-0.1+0.0+1.5

+2.1+1.5+0.6-1.3+3.4

+2.0+1.4+0.6-1.2+3.2

15d

-4.3+0.4-4.7-1.8-2.5

-11.2-1.4-9.7-4.8-6.4

—————

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 63Pending

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

AI summary

Religare had appealed to the Securities Appellate Tribunal (SAT) against a SEBI order dated February 14, 2025. On August 19, 2026, SAT dismissed the appeal after hearing the matter. The original SEBI order now stands upheld. Order copy is available on the SAT website.

Likely market impact

Negative for Religare. SAT dismissed the appeal, so the original SEBI order is upheld. Investors should review the order details.