Seven Jharkhand water supply contracts rescinded

Major contract cancelledBusiness Updates View source PDF Explain this filing

SEPC · 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

-1.6%Reaction day

₹4.87

prior close

₹4.76

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-2.0% vs market

Civil Construction peers, median of 99sector+0.0%-1.6% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.6 pts less 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

-0.2

10m

-0.6

15m

+0.2

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+0.4-2.0+0.0-1.6

Next day

+0.2+2.1-1.9+1.2-1.0

-0.8+2.2-3.0+1.5-2.4

+1.8+2.9-1.0+2.4-0.5

-1.0+0.3-1.3+0.1-1.1

-0.2+1.8-2.0+2.4-2.6

+1.8+4.2-2.4+5.2-3.3

15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 99Pending

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

AI summary

SEPC Limited said Jharkhand drinking water officials rescinded agreements covering seven ongoing rural water supply projects awarded between 2016 and 2023. The company is contacting the relevant departments and evaluating remedies, dispute resolution and legal arbitration to protect its financial and legal interests.

Likely market impact

The rescissions may reduce SEPC's contracted revenue and create legal uncertainty, though the company is pursuing remedies.