SPL Industries Limited has informed the Exchange regarding 'Material development/updates to the intimation filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.'.
SPLIL · price
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On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 0.9 pts less than its Trading - Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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SPL Industries has informed the stock exchanges about a procedural update in its writ petition (W.P.(C) 2357/2025) filed before the Delhi High Court against the Union of India and others. At the hearing on October 31, 2025, the court gave respondents 1–4 one week to file their counter-affidavit and directed that notice be served on respondent No. 5 through the Registrar of Companies, Mumbai. The matter has been listed for November 24, 2025 in the 'Admission' category, and the interim order will continue until the next hearing. This is a continuation of the company's earlier intimation dated April 12, 2025.
This is a routine procedural update with no adverse ruling against the company; the continuation of the interim order is broadly neutral for shareholders. Investors should monitor the November 24, 2025 hearing for any substantive direction, as the outcome of the underlying petition could affect the company.