Madras HC lifts Rs 154 crore attachment on SEPC receivables

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SEPC · price

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

+1.0%Reaction day

₹5.07

prior close

₹5.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+1.0% vs market

Civil Construction peers, median of 98sector-0.7%+1.7% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 1.7 pts more than its Civil Construction 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

-1.0

10m

-1.2

15m

-1.0

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+0.0+1.0-0.7+1.7

Next day

+0.0+1.3-1.3+0.0+0.0

-0.6+1.1-1.7+0.0-0.6

-2.8-1.7-1.0-1.9-0.9

+4.9-1.4+6.4-1.6+6.5

+12.2-0.6+12.8-1.7+14.0

+10.5+0.3+10.2+0.7+9.7

15d

-3.7-6.1+2.3-7.3+3.6

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 98Pending

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

AI summary

Madras High Court terminated all execution petitions against SEPC, lifting attachment on its Rs 154 crore of receivables with immediate effect. All banking restrictions also removed. The underlying dispute settled for Rs 149.5 crore, paid entirely by another party under a 2015 indemnity - no cash outflow for SEPC. Long-standing proceedings fully closed.

Likely market impact

Rs 154 crore receivables unlocked, banking curbs lifted with zero cash outflow - strong positive for shareholders.