Favorable order: Collector Surat ruling quashed and remanded back

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

-0.2%Reaction day

₹31.35

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-1.2% vs market

Beverages peers, median of 28sector · industry level-0.0%-0.2% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.2 pts less than its Beverages peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Beverages peers, median of 28Pending

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AI summary

Shree Rama Newsprint has won its appeal against the order dated 01.05.2025 passed by Collector Surat. The Special Secretary Disputes, Government of Gujarat has set aside the impugned order and remanded the matter back to the Collector, Surat. The company says there is no financial or operational impact.

Likely market impact

Positive development - the unfavorable Collector order stands quashed, reducing near-term legal risk for the company.