Announced Fri, 19 Jun · 20:02 IST
Bhopal plant excise license rejected for FY 2026-27
Regulatory & Legal View source PDF
SDBL · price
▲ 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
-7.2%1-day move
₹75.84
prior close
₹73.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.0-1.8-1.5-7.2-6.4-7.6-10.9-10.5-7.7-11.7-2.3——
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AI summary
Som Distilleries' application for the Excise License for its Bhopal plant for FY 2026-27 has been rejected by the Madhya Pradesh Excise Department. The company had previously responded to a show cause notice and says a court order was already on record, but feels the submissions were not adequately considered. It is now pursuing legal remedies to restore the manufacturing license and evaluating steps to limit the impact on business operations.
Likely market impact
Major operational risk - Bhopal plant manufacturing disrupted until license is restored, negative for stock in the near term