ESIC demand notice seeks INR 6.35 million

Regulatory & Legal View source PDF Explain this filing

SAPPHIRE · 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

-1.9%Reaction day

₹270.55

prior close

₹271.70

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.0%-1.9% vs market

Restaurants peers, median of 10sector-1.3%-0.7% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Smallcap 250 and 0.7 pts less than its Restaurants 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

-1.2

10m

-1.3

15m

-1.6

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9-0.0-1.9-1.3-0.7

Next day

-5.8-0.2-5.6-2.1-3.7

-6.4+0.6-7.0-2.8-3.6

-8.0+0.2-8.1-1.1-6.9

-9.1+0.4-9.4-1.9-7.2

-7.0+1.0-8.1-1.0-6.0

-2.7-0.4-2.3-1.3-1.4

15d

-8.7-1.5-7.2-3.2-5.5

-13.0-5.0-7.9-6.6-6.4

-17.4-5.4-12.0-9.5-7.9

-16.6-3.9-12.6-6.7-9.9

UpDownMarket · Nifty Smallcap 250Sector · Restaurants peers, median of 10Pending

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

AI summary

Sapphire Foods received an ESIC demand notice seeking INR 6.35 million, including interest, for alleged unpaid employee insurance contributions by A.N. Traders Private Limited before the 2016 business transfer. The company is reviewing the notice and may challenge it, while stating that the matter has no material effect on its finances or operations.

Likely market impact

Potential INR 6.35 million outflow and uncertainty, although the company says there is no material financial or operational impact.