Surat Collector withdraws land surrender order against Shree Rama Newsprint

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

+4.5%Reaction day

₹31.76

prior close

₹31.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+4.3% vs market

Beverages peers, median of 30sector · industry level+0.1%+4.3% vs sector

On the reaction day the stock moved 4.3 pts more than Nifty Microcap 250 and 4.3 pts more than its Beverages 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

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10m

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15m

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30m

+7.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.5+0.1+4.3+0.1+4.3

Next day

+2.6+0.5+2.1+0.4+2.2

+1.1-0.1+1.2-0.1+1.2

+1.0+0.4+0.6+0.2+0.8

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15d

+3.5+1.6+1.9-3.1+6.6

-2.8-0.7-2.0-5.5+2.7

-8.7-3.2-5.4-7.9-0.8

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UpDownMarket · Nifty Microcap 250Sector · Beverages peers, median of 30Pending

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AI summary

The District Collector of Surat has withdrawn its earlier order dated 01.05.2025 that had asked Shree Rama Newsprint to surrender 121,302 square meters of land. The original order was issued over alleged violations of conditions in the Collector's 1992 land allotment order. The company says the withdrawal has no financial or operational impact. The land had been allotted to the company in 1992.

Likely market impact

Removes earlier threat of losing 121,302 sq meters of allotted land; company confirms no financial or operational impact.