Solarworld files petition in Delhi HC against SJVN Green over project delays

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SOLARWORLD · 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

-7.5%Reaction day

₹255.10

prior close

₹255.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.0%-9.5% vs market

Civil Construction peers, median of 96sector+1.9%-9.4% vs sector

On the reaction day the stock moved 9.5 pts less than Nifty Microcap 250 and 9.4 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

+0.6

10m

+0.9

15m

+1.1

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.5+2.0-9.5+1.9-9.4

Next day

-8.3+1.6-9.9+0.7-9.0

-12.3+3.5-15.8+1.7-14.0

-14.2+2.2-16.3+0.2-14.4

-12.2+6.0-18.1+1.9-14.0

-12.2+7.4-19.6+3.6-15.8

-14.2+5.5-19.6+2.2-16.4

15d

-17.7+7.1-24.8+2.8-20.5

-26.6+1.3-27.9-2.2-24.4

-43.9-8.1-35.8-16.6-27.3

-19.7+12.1-31.8+6.2-25.9

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 96Pending

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

AI summary

Solarworld Energy filed a petition under Section 9 of the Arbitration Act in Delhi High Court on Jan 24, 2026 against SJVN Green Energy and HDFC Bank. The case relates to 260 MW and 100 MW projects for SJVN Green, delayed due to SJVN Green's failure to meet obligations. SJVN Green has conditionally invoked Performance Bank Guarantee. Solarworld seeks relief from extending guarantees and release of retention amounts.

Likely market impact

About 92 crore rupees in claims at stake across both contracts; outcome may affect cash flows and project delivery.