SGMARTBSESG Mart LtdMediumNeutral
Announced Wed, 27 May · 19:04 IST

Orders received from the collector of stamps, government of NCT Delhi

Business Updates View source PDF

SGMART · price

Loading chart…

▲ 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
-4.7%1-day move
₹603.60
prior close
₹603.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.2-0.7-0.9-4.7-4.2-6.2-3.9-4.6+3.0-1.1-2.3
Up moveDown movePending
AI summary

SG Mart Ltd received adjudication orders dated May 26, 2026 from the Office of Collector of Stamps, Government of NCT of Delhi. The orders determine stamp duty liability of Rs. 88,38,990 along with a penalty of Rs. 1,01,00,000, aggregating to Rs. 1,89,38,990. This relates to the issuance of shares in dematerialized form during FY 2023-24, FY 2024-25, and FY 2025-26. The company clarifies it had already paid stamp duty as per Section 9A(1) read with Article 56A of the Indian Stamp Act through the prescribed depository mechanism. SG Mart has filed a writ petition before the Hon'ble Delhi High Court, which is currently under judicial consideration.

Likely market impact

The company faces a potential financial liability of Rs. 1.89 crore pending the outcome of its writ petition before the Delhi High Court. This is a legal dispute over stamp duty interpretation and does not affect the company's core business operations.