Announced Thu, 15 Oct, 2026 · 17:53 IST

Court orders subsidiary to pay about Rs 435 crore in debt recovery case

Litigation LossRegulatory & Legal View source PDF Explain this filing

Price

Loading chart…

▲ 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

-9.2%Reaction day

₹1.30

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-9.9% vs market

Garments & Apparels peers, median of 42sector+0.1%-9.3% vs sector

On the reaction day the stock moved 9.9 pts less than Nifty Microcap 250 and 9.3 pts less than its Garments & Apparels 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-9.2+0.7-9.9+0.1-9.3

Next day

-4.6-1.0-3.6-0.3-4.3

-11.5-3.6-8.0-3.9-7.6

-14.6-4.5-10.1-4.2-10.4

-13.8-6.8-7.1-6.4-7.4

-10.8-6.4-4.4-6.5-4.3

-14.6pendingpending-6.0-8.6

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 42Pending

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

AI summary

Debt Recovery Tribunal-III Delhi ruled against Samtex Fashions subsidiary SSA International in a case filed by NARCL, the bad bank that took over the original lenders. Samtex had stood as Corporate Guarantor for the subsidiary loan. The subsidiary counter claim was also dismissed. Total liability is about Rs 435.02 crore plus 10 percent annual interest till payment in full. No order on costs.

Likely market impact

About Rs 435 crore liability on the subsidiary plus 10 percent interest could pressure company finances and hurt shareholder value.