High Court stays investigation into company chief executive

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

SCHAEFFLER · price

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Price reactionminutes from the announcement price · days from the prior close

+0.7%Reaction day

₹3474.90

prior close

₹3468.00

announcement price

After-mkt

timing

Nifty Midcap 150market+1.1%-0.3% vs market

Auto Components & Equipments peers, median of 124sector+1.2%-0.4% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Midcap 150 and 0.4 pts less than its Auto Components & Equipments 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

-0.8

10m

-1.3

15m

-0.7

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+1.1-0.3+1.2-0.4

Next day

+5.9+2.0+3.9+2.7+3.2

+4.5+2.3+2.2+3.1+1.3

+2.1+3.2-1.1+2.8-0.7

+2.8pendingpending+1.2+1.6

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15d

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UpDownMarket · Nifty Midcap 150Sector · Auto Components & Equipments peers, median of 124Pending

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

AI summary

CEO and Managing Director Harsha Gopal Kadam was released on bail on October 22, 2026 after police dropped the only non-bailable charge against him. On October 23, the Bombay High Court stayed further investigation and directed police not to file case papers against him. His request to end the investigation remains pending.

Likely market impact

The court order and bail reduce near-term legal risk, but the police investigation has not yet been formally closed.