Announced Mon, 13 Jul · 14:39 IST
SEPC JV contract worth Rs 521 crore cancelled; matter sent to arbitration
SEPC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.8%1-day move
₹6.59
prior close
₹6.52
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.0+0.2-0.3-3.8-5.8-6.8-6.1-7.4-8.8————
Up moveDown movePending
AI summary
SEPC Limited's joint operation SEPC-Furlong JV had received a Rs 521.46 crore EPC sub-contract from Shalimar Corp Ltd in May 2026 for widening a road section in Uttar Pradesh. The sub-contract and Letter of Award have now been cancelled via a Termination Notice. The company has referred the matter to arbitration and will update exchanges on further developments.
Likely market impact
Significant order loss for SEPC's JV that may hurt revenue and earnings. Arbitration outcome is critical for any recovery and stock direction.