SANOFINSESANOFI INDIA LIMITED· Pharmaceuticals & BiotechnologyHighNeutral
Announced Tue, 8 Sept, 2026 · 16:45 IST

Supreme Court dismisses Sanofi's plea to quash criminal proceedings in CBI case

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SANOFI · 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
-0.6%Reaction day
₹3120.00
prior close
₹3114.50
announcement price
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Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-0.5% vs market
Pharmaceuticals peers, median of 174sector-0.2%-0.4% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.4 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 174Pending

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

AI summary

The Supreme Court on 7 Sept 2026 dismissed Sanofi's petition seeking quashing of criminal proceedings against it. The matter relates to a CBI complaint about pharmaceutical supplies to BARC Mysore between 2012 to 2015, with allegations of conspiracy with a BARC employee to influence procurement. The Court ruled on maintainability of prosecution even without an individual employee arraigned. No finding of guilt or merits adjudication was made. The criminal trial remains pending. No penalty, conviction, or operational restriction imposed at this stage.

Likely market impact

Sanofi's attempt to end the CBI case failed; criminal trial will now proceed. No immediate financial penalty, but prolonged legal uncertainty remains for shareholders.