Announced Fri, 19 Jun · 20:04 IST
Bhopal plant excise license rejected for FY27
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, despite the company's replies to a prior show cause notice. The company says its explanations and a court order on record were not adequately considered. It is pursuing legal remedies to restore the license and evaluating steps to reduce the impact on operations.
Likely market impact
Negative — loss of the Bhopal plant excise license could disrupt manufacturing and hit revenues until restored via legal action.